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2008 (5) TMI 444 - AT - Income TaxExtract: .......assessment year 1998-99. Consistent with our view for the assessment year 1992-93 we hold that the transaction in question cannot be considered as an adventure in the nature of trade. Thus this appeal of the Revenue is also dismissed. 17. In the result, the appeal for assessment years 1992-93, 1998-99 and 2001-02 filed by the revenue are dismissed.
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