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1949 (3) TMI 20 - HC - Income TaxExtract: .......ion to its profits, and as this payment has no bearing to any specific sum fixed as part of the price for the purchase of the undertaking, this payment is in the nature of revenue payment and not capital payment. We would, therefore, answer both the questions submitted to us in the affirmative. Commissioner to pay the costs. TENDOLKAR, J.--I agree.
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