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1999 (11) TMI 126 - AT - Income TaxExtract: .......thorities below fell in error in assuming that the assessee was the co-owner of the super-structure. 7. In the light of the above discussion, we hold that the assessee is entitled to proportionate amount of deduction (Rs. 23,31,028) under section 54F of the Act. The Assessing Officer is directed accordingly. 8. In the result, the appeal is allowed.
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