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2008 (4) TMI 527 - AT - Income TaxExtract: .......is right in directing the Assessing Officer to tax the income generated out of the sale of the shares held as personal investment for the period of excess of one year under the head lsquo Long-term capital gains rsquo and consequently, allowed deduction under section 54F as per law. 7. In the circumstances, the appeals of the revenue are dismissed.
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