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1987 (6) TMI 8 - HC - Income TaxExtract: .......ioner is liable to tax as capital gains. The decision of the Appellate Tribunal is justified in law. The matter is settled by a series of decisions of this court. In the circumstances, we are of the view that no referable question of law arises out of the order of the Appellate Tribunal. There is no merit in this original petition. It is dismissed.
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