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1992 (2) TMI 124 - AT - Income TaxExtract: .......fied. Since there has been no compulsory acquisition under any law for the time being in force, we are of the view that the claim for deduction under section 32(1)(iii) is not admissible. The loss arising to the assessee would be in the nature of capital loss and the same is entitled to be treated likewise. 6. In the result, the appeal is dismissed
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