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1998 (1) TMI 104 - AT - Income TaxExtract: .......rty that could be transferred by the assessee for the consideration of Rs. 5 lakhs and so the assessment of the amount as short-term capital gains was not in order. 9. In the above circumstances, we delete the addition of Rs. 5 lakhs as short-term capital gains in the assessment for the asst. yr. 1985-86. The appeal by the assessee is thus allowed.
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