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1974 (8) TMI 53 - MADRAS HIGH COURTExtract: .......ons, therefore, do not help the assessee. The result is that the loans advanced to the wife and the other five minor children were includible under section 16(3) of the Act in the total income of the assessee. Accordingly, we answer the reference in the negative and in favour of the revenue. Counsel s fee Rs. 250. Question answered in the negative.
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