2008 (8) TMI 1047

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Full Text of the Document

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....ted 22nd July, 2003 in ITR No.81 of 1994 passed by the Bombay High Court, Revenue has filed the present appeal. The High Court, by its impugned order, has answered the questions in the affirmative i.e. in favour of the assessee and against the revenue. The following three questions have been posed before us for our consideration: "1. Whether in the facts and circumstances, High Court was ri....