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1976 (7) TMI 39 - BOMBAY HIGH COURTExtract: .......ent of dividend this principle has to be followed. Following the said principle, in both the years the sums of Rs. 2,10,000 and Rs. 2,25,000 cannot be included in the computation of capital of the company. In the result, our answer to the question referred to us is in the affirmative and in favour of the revenue. There will be no order as to costs.
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