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1985 (10) TMI 130 - ITAT GAUHATIExtract: .......e personal effects hold for personal use of assessee and members of his family and as such did not constitute capital assets as defined in s. 2(14) of the Act and hence tax for capital gain was not to be paid on sale of the said silver utensils. As such the order of the AAC does not warrant any interference. 5. As a result, the appeal is dismissed.
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