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1992 (9) TMI 45 - HC - Income TaxExtract: .......was not income from business. In view of the foregoing discussion, it is clear that the income in question could not be subjected to tax under the Income-tax Act either as business income or as capital gains. The two questions referred by the Tribunal are, therefore, answered in the affirmative and against the Revenue. We make no order as to costs.
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