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1992 (10) TMI 270 - AT - Income TaxExtract: .......e proposition that the cost as agreed to by the partners in the dissolution accounts could be substituted by market value which is higher. Hence we have no hesitation in deleting the addition. The ITO is directed to recompute the total Income and also authorise him to amend the assessments of the partners as a consequence. 9. The appeal is allowed.
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