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1944 (11) TMI 13 - BOMBAY HIGH COURTExtract: .......the property "acquired" under the last sentence of Section 9(1)(iv) of the Act. The property is not acquired till all the instalments and all interest due are paid. I therefore agree that the answer to the question referred to us should be in the negative. The assessee to pay the costs of the reference. Reference answered in the negative.
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