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1978 (1) TMI 61 - HC - Income TaxExtract: ....... that the Tribunal was right in allowing the capital loss to the tune of Rs. 90,753. In this view of the matter our answer to the question is in the affirmative that the Tribunal was justified in holding that the assessee was entitled to capital loss of Rs. 90,753. As none appeared for the assessee, the parties are directed to bear their own costs.
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