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2016 (5) TMI 1479 - SCH - Income TaxRepayment of loan by trust - to be treated as application of income as disallowed because the loan was never taken as income at the time of receipt - Held that - Delay condoned. Leave granted.
The Supreme Court of India condoned the delay, granted leave, and tagged the case with other connected matters. The respondent did not appear in the case. (2016 (5) TMI 1479 - SC)
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