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1992 (2) TMI 54 - HC - Income TaxExtract: .......d to give tip exploitation of the factory as a commercial asset and was retaining the factory as the asset of an owner simpliciter intending to enjoy the fruits of mere ownership. Therefore, we answer the question in the negative and in favour of the Revenue and against the assessee. There will be no order as to costs. SHYAMAL KUMAR SEN J.-I agree.
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