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1990 (7) TMI 68 - HC - Income TaxExtract: .......sing for its sale, similar other profitable ventures, no likelihood of retaining the purchased item for one s own use, etc. In the present case, none of these features have been established by the Department. In the circumstances, the question as reframed is answered in the negative and in favour of the assessee. There will be no order as to costs.
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