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2001 (12) TMI 203 - AT - Income TaxExtract: .......of the clauses of section 47 and since the word transfer has been defined under section 2(47) in an inclusive manner, the assessee cannot escape his liability to tax for this transaction. In view of the legal and factual position discussed above, we do not find any infirmity in the order of the CIT(A). 9. In the result, the appeal stands dismissed.
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