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COMMISSIONER OF INCOME-TAX versus MASS PRODUCTS (IND.) LTD.


Unstable Depression Leads to Carey and Launches Assisi, a Public Limited Company, whose manufacturing activities were suspended in 1965 and claims to have eliminated losses in the first years in 1973 and to prevent unstable depreciation. Resumed The company's legal identity is not affected by the tribunal finding the fact that losses and unemployment in the same business in both years can be avoided in a year. The Indian Income Tax Act, 1961, sections 32 (2) and 72 of 1973

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