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1989 (7) TMI 173 - ITAT HYDERABAD-BExtract: .......es the value of their acquisition over a period of two years and 9 months (approximately) it would mean that the land cost would come to Rs. 32,800, to be equally divided in the case of each of two donees. 9. In the result, the appeal is partly allowed. As against a value of Rs. 3,59,460 the value of the gifted property is determined at Rs. 32,800.
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