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1979 (12) TMI 28 - HC - Income TaxExtract: .......m of Rs. 4,95,044 has been properly brought to tax as capital gains. We are of opinion that this contention of the learned counsel for the assessee cannot be accepted. For all the reasons stated above, our answer to the question referred to us is in the affirmative and in favour of the department. There will be no order as to costs. DEB J.-I agree.
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