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2008 (6) TMI 373 - ITAT MUMBAIExtract: .......1981 131 ITR 597 is relevant, wherein Apex Court held that any interpretation, which would lead to absurdity should be avoided. Therefore, we are of the considered opinion that the claim of the assessee under section 54F of the Income-tax Act, 1961 is allowable. Accordingly, grounds are allowed. 18. In the result, appeal of the assessee is allowed.
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