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1992 (2) TMI 125 - AT - Income TaxExtract: ......., Nila Products Ltd. and Mangtu Ram Jaipuria. Respectfully applying the ratio laid down in these cases, we hold that Rs. 20,00,000 received by the assessee cannot be brought to tax as capital gains u/s 45 of the Act. The AC is accordingly directed to modify the assessment. 8. to 12. These paras are not reproduced here as they involved minor issues.
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