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1965 (5) TMI 38 - HC - Income TaxExtract: .......f trade and I am content to hold that the profits made must be assessable to tax and the revenue is justified in so assessing. I accordingly answer the questions in the affirmative and against the assessee who must pay the costs of this reference to the respondent. Certified for two counsel. DATTA J.--I agree. Questions answered in the affirmative.
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