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2002 (11) TMI 54 - HC - Income Tax"1. Whether, on the facts and in the circumstances of the case, the Tribunal is right in law in holding that the assessee's share of income of the private family trust cannot be taken into account for rate purposes under section 86(v) of the Income-tax Act?" - we do not find any reason to interfere with the order of the Income-tax Appellate Tribunal holding that the share of the benefit received by the assessee from the trust is not liable to be taken into account for rate purposes. - The question of law referred to us is answered in the affirmative, in favour of the assessee and against the Revenue.
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