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1968 (8) TMI 48 - HC - Income TaxExtract: .......e of Rs. 3,977 which was the total income chargeable to tax in the hands of the trustees. Our answer to the question referred to us therefore is in the negative. The rate at which tax was liable to be charged to the trustees was the rate applicable to a total income of Rs. 3,977. The Commissioner will pay the costs of the reference to the assessee.
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