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Wool

at Item No. 41 has been used in the same popular sense namely that of sheep-hair, Madanlal Manoharlal v. State of Haryana, AIR 1990 SC 556 (559): (1999) 1 SCC 184. [Punjab Agricultural Produce Markets Act, 1961 (23

Year

'year' contemplated in the assessment year and not the accounting year or the previous year of the assessee, Madanlal Mathurdas v. Chunilal, Income-tax Officer, Ward 'C', AIR 1960 Guj 27 (29). It means the financial year. [Maharashtra … Act, 2003, s. 2(36)] Year, must be considered as 12 calendar and not lunar months, Jagdish Ch Patnaik v. State of Kerala, (1998) 4 SCC 456.

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