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1978 (4) TMI 80 - HC - Income TaxExtract: .......erefore, take place at all. The Tribunal was, therefore, in error in holding that the sum of Rs. 20,000 which was received by the assessee under the compromise represented long-term capital gain liable to tax. We, therefore, answer the question in the negative and in favour of the assessee. The assessee is entitled to costs. Advocate s fee Rs. 250.
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