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1979 (11) TMI 150 - ITAT MADRAS-BExtract: .......specified in 83 ITR. So we hold that the assessee for these four assessment years is not a company whose business consists wholly or mainly in holding of investments. 5. Therefore, all these four appeals are allowed. The assessments to super tax or as the case may, be, income-tax on undistributed income will be revised on the basis of this finding.
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