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The High Court of Rajasthan rejected two applications under section 256(2) of the Income-tax Act, 1961, regarding the deduction of share income. The court ruled in favor of the assessee, stating that the share income from the firm belonged to the heirs and two daughters equally as per the will, and only the widow's share was taxable. The Revenue's application for reference was rejected as it was deemed a question of fact, not law.
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