1998 (12) TMI 88

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....Madras. The issue relates to the sale of unyielding rubber trees by the appellant plantation during the assessment years 1975-76, 1976-77 and 1977-78. There were two agreements by which the appellant sold the unyielding rubber trees. One agreement, dated March 30, 1974, expressly split the consideration thereunder between that for latex and that for fuel. The High Court held that in the face of....