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1988 (3) TMI 39 - HC - Income Tax
Extract:
.......the period of one year as stipulated under section 54(1) of the Act. The house property purchased by the assessee had come into the full domain and control of the assessee within the period of one year. In the circumstances, our answer to the question referred is in the affirmative, i.e., in favour of the assessee and against the Revenue. No costs.