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2008 (3) TMI 691 - HC - Income TaxExtract: ....... questions, as framed, are required to be answered in favour of the assessee, and against the Revenue, and are accordingly answered. The appeals are allowed. The impugned orders of the learned Tribunal are set aside. The matter will now go back to the Assessing Officer, to give effect to this order, and tax the assessees, on capital gains. o p /o p
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