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    <title>2018 (12) TMI 1961 - BOMBAY HIGH COURT</title>
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    <description>The High Court dismissed the appeal, holding that the benefit of exemptions under section 11 of the Income Tax Act, 1961 was granted to the assessee based on previous decisions. The Court also ruled that the claim of set off and carry forward of deficit of earlier years did not require consideration as it was covered by a Supreme Court judgment.</description>
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      <description>The High Court dismissed the appeal, holding that the benefit of exemptions under section 11 of the Income Tax Act, 1961 was granted to the assessee based on previous decisions. The Court also ruled that the claim of set off and carry forward of deficit of earlier years did not require consideration as it was covered by a Supreme Court judgment.</description>
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