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1987 (7) TMI 67 - RAJASTHAN HIGH COURTExtract: .......ty of section 187 is excluded by virtue of the proviso to subsection (2) of section 187 (see CIT v. Kheta Sons and Co. 1986 162 ITR 833 (MP)). The Tribunal s view was, therefore, justified. Consequently, the reference is answered against the Revenue and in favour of the assessee by holding that the view taken by the Tribunal is justified. No costs.
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