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1963 (3) TMI 74 - HC - Income TaxExtract: .......Tribunal. We have, therefore, no hesitation in overruling this objection. For these reasons we answer the second question in the affirmative and hold that the receipt in question was revenue receipt from an adventure in the nature of trade and was rightly brought to tax. The assessee shall pay the costs of this reference. Certified for two counsel.
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