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1920 (10) TMI 1 - HC - Income TaxExtract: .......II of 1918. The tax can be levied during the year when the income or profit is realized, and the Crown therefore loses nothing in having to wait. I therefore agree that our answer to the reference must be in the negative. 89. Respondents' costs will be paid by Government within three months from this date. Pleader's fee will be ₹ 250.
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