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1973 (4) TMI 11 - HC - Income TaxExtract: ....... the deceased s 1/4th share in the managing agency rights has to be taken as the 1/4th share in the three years remuneration payable to the managing agents. We, therefore, answer questions Nos. 1 to 3 and 5 and 6 in the negative and against the revenue. The accountable persons will be entitled to their costs from the revenue. Counsel s fee Rs. 250.
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