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2007 (11) TMI 605

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..... al was justified in holding that the income from long term capital gains will not form part of the book profits computed under section 115JA of the Act and that the income should be segregated and taxed as per section 112 of the Act. Weather the tribunal was justified in holding that section 234C was not applicable in view of the judgment of this court in 243 ITR 519 by ignoring the amended pr .....

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