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1960 (4) TMI 67 - HC - Income TaxExtract: .......rees had been sold it would have been impossible to hold that the sale in so far as it related to the trees was a sale producing income. In our opinion, therefore, the question which has been referred to us in this reference must be answered in the affirmative. The Commissioner to pay the costs of the assessee. Question answered in the affirmative.
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