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1978 (7) TMI 91 - HC - Income TaxExtract: ....... pursuance of the desire of the promisor. The view of the Tribunal, therefore, holding the documents to be a sale deed cannot be said to be illegal. For these reasons we answer the question by holding that the transaction in question was a sale and not a gift. The Commissioner of Income-tax would be entitled to get costs which we assess at Rs. 200.
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