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1995 (9) TMI 4 - SC - Income TaxAssessee, managing agent got car from company - Question was whether the said benefit can be included in the income of the managing agent by virtue of sub-clause (iii) in the definition of income u/s 2(6) - The finding is that the assessee herein did not hold a substantial interest in the relevant company. - Hence impugned sub-clause cannot be applied to the case of assessee - Once this is so, no further question arises
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