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1957 (1) TMI 38 - MADRAS HIGH COURT
Extract:
.......tal asset. In addition, as we pointed our above, Gopal Naidu transferred his share in the other two partnership concerns to the assessee. Our answer to the first question is in the affirmative and against the assessee. As the assessee has failed, he will pay the costs of this reference. Counsel's fee ₹ 250. Reference answered accordingly.