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1983 (5) TMI 90 - ITAT MADRAS-BExtract: .......ere was no transfer in terms of section 2(47), or in terms of Transfer of Property Act. Consequently, we hold that the order of the AAC is not justified in law and, therefore, we set aside his order and restore the order of the ITO. It is not necessary to go into the decisions cited on behalf of the revenue. 6. In the result, the appeal is allowed.
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