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1996 (7) TMI 85 - HC - Income TaxExtract: .......uffice it to say that the question does not survive in view of the amendment in section 43(3) of the Act by the Finance Act of 1995, with effect from April 1, 1962, that the tea bushes and livestock are not included in the definition of plant . In this view of the matter, this question is answered in favour of the Revenue and against the assessees.
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