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1990 (12) TMI 185 - AT - Income TaxExtract: .......sfied that the shares cannot be treated as indeterminate or unknown within the Explanation 1(i). Consequently the tax at the maximum marginal rate cannot be imposed in respect of these two assessees. The ITO is therefore directed to levy the tax at the normal rates. 9. In the result, Appeal No. 2391/86 is allowed and appeal No. 2312/87 is dismissed
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