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1986 (7) TMI 142 - ITAT BOMBAY-AExtract: .......ssessee has no option to cost as on 1-1-1964, there is no question of valuing the shares on yield basis or on break-up value method. For the purpose of capital gain tax, the assessee can only go by the cost which he had paid in ultimately getting the shares, that will only be taken into account. 7. In the result, the departmental appeal is allowed.
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