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1981 (11) TMI 55 - HC - Income TaxExtract: .......g regard to this position, it seems to us clear that the Tribunal s finding that no trust could be said to have been created by the customers in respect of the impugned amounts will have to be regarded as erroneous. We, therefore, answer the aforementioned question in the negative, i. e., in favour of the assessee and against the revenue. No costs.
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