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1985 (7) TMI 175 - ITAT MADRAS-AExtract: .......ofit. Therefore, even if it is held that the right to future profits has been transferred by the assessee in favour of the minors the value thereof can, in the circumstances of the case, only reasonably be nil and nothing more. For all these reasons. we reject the objection of the Department and uphold the order of the AAC. The appeal is dismissed.
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