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1991 (4) TMI 54 - HC - Income TaxExtract: .......we are of the opinion that the finding of the Tribunal is a correct one and there are no grounds to interfere with the said findings. It is evident that the surplus will be assessed as capital gain as declared by the assessee himself. Accordingly, the reference is answered in the affirmative, i.e., in favour of the assessee and against the Revenue.
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