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1993 (10) TMI 55 - RAJASTHAN HIGH COURTExtract: .......apex court and the view taken by this court, we are of the view that the assessee is not liable to capital gains tax under section 45 of the Income-tax Act. Accordingly, question No. 1 is answered in favour of the Revenue and against the assessee and question No. 2 is answered in favour of the assessee and against the Revenue. No order as to costs.
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