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1998 (12) TMI 121 - AT - Income TaxExtract: .......tle to such lands was in the capital field. Even assuming that assessee had a title in the land, it was a defective title which was cured under the compromise decree. Therefore, the expenditure incurred by the assessee was clearly capital expenditure. The order of CIT(A) is, therefore, upheld. 15. In the result, appeal of the assessee is dismissed.
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