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1988 (11) TMI 30 - HC - Income TaxExtract: .......commercial asset. Hence, the Tribunal was right in considering the income as business income. Moreover, on the peculiar facts of this case, we are of the opinion that hardly any question of law arises and largely it is question of fact. Accordingly, we answer the question in the affirmative, i.e., against the Revenue, but with no order as to costs.
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