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1967 (6) TMI 10 - HC - Income TaxExtract: .......s debts which are not recoverable. The attempt by the Income-tax Officer to get confirmation of the existence of the debts and their irrecoverability supports the case of the assessee. Our answer to the question, therefore, is in the affirmative and in favour of the assessee, with costs. Advocate s fee Rs. 250. Question answered in the affirmative.
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