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1986 (3) TMI 45 - HC - Income TaxExtract: .......e reasons, we answer the question referred by stating that the surplus realised on the sale of shares in Clive Row Investment Holding Co. Ltd. in the relevant assessment years was on capital account. The answer is in favour of the assessee. In the facts and circumstances of the case, there will be no order as to costs. SHYAMAL KUMAR SEN J.-I agree.
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