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1986 (8) TMI 116 - ITAT CHANDIGARHExtract: .......vidence available on record that two sales were bogus, sham or manipulated and as the lands were agricultural, the assessee could not be subjected to capital gains tax on the transfer of the decision of the plots to Dr. (Mrs.) Surjit Tandon and Mrs. Anu Malhotra. Action of the AAC is hereby reversed. 15. In the result, assessee s appeal is allowed.
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