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2007 (7) TMI 538 - AT - Income TaxExtract: .......hts in a flat, the date of acquisition should necessarily be the date of entering into an agreement i.e., 15-2-1992. Thus the gain in question should be assessed as a long-term capital gain. In view of our above finding we have to necessarily reject the first contention of the assessee. 7. In the result, the appeal filed by the assessee is allowed.
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