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2009 (9) TMI 690 - AT - Income TaxExtract: .......that the impugned transaction is not a case of itemized sale and it is clearly a case of slump sale of the business. 4. In conformity with the opinion of the majority the result is that grounds No. 1 and 2 of appeal are allowed as per the terms and directions issued vide para 17 of the proposed lead order. Accordingly, the appeal is partly allowed.
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