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1969 (12) TMI 1 - SC - Income TaxEstate Duty - Once the income was received by the joint family, the amount lost its character of income; it became merged in the joint family assets and became the capital of the family. The share received by the assessee was therefore a share in the capital of the family. The share in the joint family property which included interest on the estate duty was not of the nature of revenue and not taxable - Revenue's appeal is dismissed
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