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Sree Narayana Chandrika Trust vs Commissioner Of Gift Tax Kerala on 25 April, 2003

5. The first and foremost contention raised by the Revenue is that the decision rendered by the Apex Court in Sree Narayana Chandrika Trust's case [cited supra] virtually stands in favour of the Revenue. The relevant portion of the said verdict has been extracted G.T.A. No. 1 of 2008 : 5 : in paragraphs 4 and 5 of the appeal,which are reproduced below :
Supreme Court of India Cites 12 - Cited by 5 - Full Document
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