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1994 (2) TMI 42 - HC - Income Tax
Extract:
.......er that an activity might be called a vocation, it was not necessary to show that it was indulged in with a motive of making profits. In view of the above and in view of the facts, as discussed above, we answer both the questions in the affirmative and in favour of the assessee. Each party to pay and bear its own costs. ARUN KUMAR DUTTA J.-I agree.