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2009 (6) TMI 901 - ITAT MUMBAIExtract: .......riginal computation of income, but after determining the tax on gains on the transfer of long-term capital asset is worked out after following the formula provided in the proviso to section 112 of the Act. The grounds of appeal are thus allowed. In the result, the appeal of the assessee is allowed. The order pronounced on the 3rd day of June, 2009.
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