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1985 (3) TMI 48 - HC - Income Tax
Extract:
.......the computation of the cost of acquisition and of improvement are correct in law ? 9. Whether the Tribunal was right in holding that for the determination of the market value of the undertaking as on 1-1-1954 on the basis of the capitalisation of the maintainable profits, profits of the years subsequent to 1-1-1954 should not be taken into account.