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2010 (10) TMI 97 - HC - Income TaxAssessee purchased 15000 equity shares of Rs.10/- each - sold such shares in the year under consideration for Rs. 12,30,000/- - assessee has disclosed a sum of Rs. 10,74,396/- towards capital gain - assessing authority has made addition of the entire sum of Rs. 12,30,000/- which was the sale proceed of the sale, which also included the principal sum of Rs.1,55,604/- - Held that Rs. 1,55,604/- was the initial value of the shares and was the investment in the year ending 31.3.2001.It is because of this reason, this addition was deleted by the Tribunal - appeal has no merit. It is dismissed
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