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2003 (2) TMI 157 - AT - Income TaxExtract: .......e date of retirement and not the cost for which the previous owner of the property acquired it. Under these circumstances, we are of the view that the Assessing Officer as well as the CIT(A) were not justified in rejecting the method of computation of capital gains adopted by the assessee. In the result, the appeal filed by the assessee is allowed.
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