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    <description>Existing High Court precedents governed both questions raised in the tax appeal. The first question was covered by the ruling in CIT v. M/s. Nicholas Piramal India Ltd., and the second by CIT v. M/s. WMI Cranes. As neither question raised a fresh substantial question of law, the appeal was dismissed in limine without an order as to costs.</description>
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      <description>Existing High Court precedents governed both questions raised in the tax appeal. The first question was covered by the ruling in CIT v. M/s. Nicholas Piramal India Ltd., and the second by CIT v. M/s. WMI Cranes. As neither question raised a fresh substantial question of law, the appeal was dismissed in limine without an order as to costs.</description>
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