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1962 (4) TMI 125 - HC - Income TaxExtract: .......tual carrying on of the business but to the means of carrying on a business it may partake of the nature of capital. Accordingly the view taken by the Tribunal was correct and the question referred to this court should be answered in the affirmative. The reference should be returned to the Income-tax Appellate Tribunal, Allahabad, with this answer.
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