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1973 (11) TMI 32 - HC - Income TaxExtract: .......sole object of trading in them for profit. On the authorities cited by my brother, Desai J., the fact that this was not the main business of the company makes no difference. BY THE COURT The question referred to us is answered in the affirmative and in favour of the Commissioner. The assessee will pay the costs of the reference to the Commissioner.
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