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1975 (11) TMI 1 - SC - Income TaxSection 10(5A) - held that in enacting sub-section (5A) the legislature was concerned only with providing a head under which the receipt which has been deemed to be income could be brought to tax - held that the compensation paid for the termination of a managing agency business is a payment in relation to the said business and, therefore, the previous year relevant to that receipt would be the same as the previous year for the managing agency business itself
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