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2006 (3) TMI 194 - AT - Income TaxExtract: ........ In fact, the order was not revised on this ground. Therefore, the nature of addition as per revised order continues to be only protective and not substantive because such capital gain is liable to be taxed in the hands of firm as per provisions of s. 45(4) of the Act on substantive basis. 1. In the result, the appeal of the assessee is dismissed.
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