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1960 (12) TMI 97 - MADRAS HIGH COURTExtract: .......n adequate portion of the assets for that purpose. In the light of all these circumstances, the proper view to take is in our opinion that there was a succession to the business within the meaning of section 25(4) of the Act. In the result, we answer the question in the negative and in favour of the assessee. The assessee will be entitled to costs.
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