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2011 (3) TMI 1821 - ITAT BANGALOREExtract: ....... is directed to redo the assessment treating the surplus on sale of land as long-term capital gains in accordance with law including the benefit of indexation and determine the ultimate total income liable for taxation. 10. In result, the appeal filed by the assessee is allowed. Order pronounced on Monday, the 07th day of March, 2011, at Bangalore.
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