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2011 (10) TMI 703 - AT - Income TaxBenefit u/s 28(iv) or any capital gains on re-transfer of the shares - Held that:- When there was no transfer and the premium estimated by the Assessing Officer at the time original transfer is based on the some future development and events then, there is no question of either any benefit u/s 28(iv) or any capital gains on retransfer of the shares. Accordingly, the appeals filed by the revenue are dismissed.-
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