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1950 (1) TMI 10 - ALLAHABAD HIGH COURTExtract: .......of the gold bars made on the 27th of April, 1943, were profits which had arisen from an "adventure in the nature of a trade", they could be taxed before the entire profits from the sale of the gold bars became determinable. The assessee shall get his costs from the department which we assess at ₹ 500. Reference answered accordingly.
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