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1978 (7) TMI 95 - BOMBAY HIGH COURTExtract: .......with the character of HUF property. The income so derived cannot, therefore, be treated as income of the assessee in his individual capacity. The view that has been taken by the Tribunal is right and accordingly the question referred to us is answered in the affirmative and in favour of the assessee. The revenue shall pay the costs of the assessee.
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