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1962 (10) TMI 60 - HC - Income TaxExtract: .......sed in the hands of the aforesaid Hindu undivided family. Our answers to the questions, therefore, are (1) in the negative, (2) the whole of the income of the said business is properly taxable in the hands of the Hindu undivided family of Pitamberdas Bhikhabhai. The assessees will pay to the Commissioner costs of the reference fixed at ₹ 400.
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