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1986 (7) TMI 165 - AT - Income TaxExtract: .......irm as such which had not suffered any detriment can be taken to be the donors as contended by the learned counsel for the assessee. In the facts and circumstances of the case, we hold that the GTO was not justified in bringing these two assessees as liable to gift-tax. Hence the assessments are cancelled. 7. In the result, the appeals are allowed.
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