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2011 (1) TMI 1568 - AT - Income TaxExtract: .......nceded by the assessee-company. It is to be seen further, that the directors in turn have declared long term capital gains in their hands. 19. The assessee is successful in its appeal. 20. In result, the appeal filed by the Revenue is dismissed and the appeal filed by the assessee is allowed. Order pronounced on Thursday, the 20th of January, 2011.
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