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1957 (9) TMI 83 - BOMBAY HIGH COURTExtract: .......other profits made. In our opinion, therefore, the Tribunal erred in coming to the conclusion that the assessee's share of profits in the unregistered firm could not be set off against the assessee's share of loss in the registered firms and our answer to the question raised in paragraph 7 of the statement of the case is in the affirmative.
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