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1987 (3) TMI 30 - HC - Income TaxExtract: .......ed and the fact that portions out of the land were sub-leased to its sister concerns only , it is difficult to find fault with finding of the Tribunal that the transactions did not amount to an adventure in the nature of trade. Accordingly, the question of law referred to us is answered in the negative and against the Revenue. No order as to costs.
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