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2009 (8) TMI 1267 - AT - Income TaxExtract: .......supra). Therefore, we are of the view that the amount received by the assessee and its Members is not assessable to tax under the head "Long term capital gains". We direct the Assessing Officer accordingly. 10. In the result, appeal filed by the assessee is allowed. Order pronounced in the open Court, on this the 28th day of August, 2009.
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