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1990 (5) TMI 59 - ITAT AHMEDABAD-CExtract: .......e facts of the assessee s case and although the transaction of contributing 10 shares to the firm would come within the definition of transfer the same would not attract the capital gains tax in the absence of a consideration. The addition made by the ITO in respect of the aforesaid transaction also stands deleted. 11. The appeal is partly allowed.
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