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2004 (10) TMI 290 - AT - Income TaxExtract: .......he judgments of the jurisdictional High Court which is upheld by the Supreme Court and hold that the amount in question cannot be brought to tax as capital gain under section 45 read with section 2(47) of the Income-tax Act as there is no transfer. 20. In the result, the addition in question is hereby deleted. The appeal of the assessee is allowed.
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