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2004 (7) TMI 285 - AT - Income TaxExtract: .......he language of the statute is clear and explicit. The words of the statute speak the mens legis. As such, recourse cannot be made to the purposive theory of interpretation. In our opinion, CIT(A) was correct in taking the cost of acquisition at Nil value. We uphold his order protanto. 13. In the result, appeal of the assessee stands partly allowed.
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