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1985 (3) TMI 10 - DELHI HIGH COURT
Extract:
....... 1959, has to be held to be not a proprietary right and hence the same was not a capital asset. Consequently, no capital gain could accrue. The result is that this question is also answered in the negative, in favour of the assessee and against the Department. As all the questions are covered by direct decisions, there will be no order as to costs.