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2002 (5) TMI 204 - ITAT CALCUTTAExtract: .......ock-in-trade is sold and the difference between the market value on the date of conversion and actual cost is the capital gain. That is what has been assessed by the Assessing Officer. Accordingly, the order of the first appellate authority is upheld and both the questions are decided against the assessee. 7. In the result, the appeal is dismissed.
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