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2011 (5) TMI 1087 - AT - Income TaxExtract: .......n the nature of advisory expenses and cannot be deducted from the capital gains under section 48 of the Act. Accordingly, we confirm the order of CIT(A) and C.Os of the assessee are dismissed. 9. In the result, the appeals of the revenue as well as the Cross Objections of the assessee are dismissed. 10. Order pronounced in open court on 27.05.2011.
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