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1986 (7) TMI 182 - AT - Income TaxExtract: ....... that the mere fact that the major part of the consideration was paid after the expiry of one year would not disentitle the assessee to exemption under section 54 as the Supreme Court in the case cited supra did not find any stress in the section on cash and carry . 15. In the result, the order of the Commissioner is vacated. The appeal is allowed.
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