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1961 (9) TMI 72 - HC - Income TaxExtract: .......evant factors and circumstances clearly negative any conclusion in favour of an adventure in the nature of a trade. In the light of the above conclusion, the question referred to us is answered in the negative and in favour of the assessee. The assessee will be entitled to his costs. Counsel's fee ₹ 250. Question answered in the negative.
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