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2009 (11) TMI 664 - AT - Income TaxExtract: .......acts. Therefore, in the light of this discussion, so far as the present appeal is concerned, we follow the earlier orders of the Tribunal cited in paragraph 4 and hold that while computing capital gain, cost to the previous owner be considered in terms of section 49(1)(iii)( c) of the Act. 12. In the result, the appeal of the department is allowed.
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