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1981 (9) TMI 73 - MADHYA PRADESH HIGH COURTExtract: .......der s. 147(b) on the basis of the finding contained in the AAC s order dated 21st March, 1973, for taxing the amount of compensation as income under the head Capital gains . 2. The ITO s action in initiating proceedings under s. 147(b) was legal even though ultimately it may affect the finality of the assessment. There will be no order as to costs.
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