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1939 (5) TMI 14 - Other - Income TaxExtract: .......ney was paid to secure the contract in question, and the money paid for its cancellation was not a repayment of any such money, but must have been a payment in respect of the profits to have been earned under the contract. 4. I am, therefore of opinion that the Commissioners' decision was right, and that the appeal must be dismissed with costs.
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