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1952 (9) TMI 43 - HC - Income TaxExtract: .......purchase of the Match Factory and the subsequent sale of those premises in different bits could legally be held to be a transaction entered into by the assessee in the course of its money-lending business. 2. That, in the circumstances of the case, the receipts of the assessee by the resale of the premise of the Match Factory were revenue receipts.
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