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1990 (12) TMI 126 - ITAT COCHINExtract: .......he assessee against reassessment under section 147(b) is upheld. In the view we take on the reassessment proceedings, we hold that it is not open to the CIT(A) to convert the originally assessed long-term capital gains into short-term capital gains even on the basis of acquiescence on the part of the assessee, if any. The cross objection is allowed
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