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1973 (3) TMI 28 - HC - Income TaxWives of members of a family form a firm and carry on the same business as the family - Tribunal's finding is that the firm was benami for the family - " Whether, on the facts and in the circumstances of the case, the Tribunal had material before it to come to the conclusion that the firm of E.A.E.T. Sundararaj and Co. is not a genuine firm, but is only a benami firm for the Hindu undivided family? " Question answered in the affirmative
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