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1991 (1) TMI 93 - ALLAHABAD HIGH COURTExtract: .......ssee on litigation questioning the refusal of the extension of the term of managing agents is a permissible deduction. Since the decision is between the same parties and on similar issues, the same is binding upon us. Accordingly, the two questions are answered in the affirmative, that is in favour of the assessee and against the Revenue. No costs.
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