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1969 (2) TMI 3 - SC - Income TaxAppellant who had entered into the contract with M/s. Tata Aircraft Ltd. in respect of the purchase of parachutes - no question of the appellant having relinquished a share in the partnership - Receipt of Rs. 1,87,000 in the hands of the assessee is a revenue receipt and liable to income-tax - Assessee's appeal dismissed
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