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1952 (10) TMI 44 - HC - Income TaxExtract: .......Section 15B of the Act. It is only in very restricted cases that an income is exempted from tax under Section 4(3)(i) or Section 4(3)(ia). In the result the answer to question (1) is that the commission earned by the assessee is not exempt under Section 4(3)(i). Question (2) is unnecessary. Assessee to pay the costs. Reference answered accordingly.
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