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1971 (9) TMI 54 - HC - Income TaxWhether a certain transaction of purchase and sale of land effected by the assessees was by way of realisation of investment or was an adventure in the nature of trade - When the assessee buys and sells non-agricultural land, whether they intend to re-sell is material to determine whether the transaction was adventure in the nature of Trade - whether there is distinction between purchase and sale by a person residing abroad and by person residing in India
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