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1968 (10) TMI 24 - MADRAS HIGH COURTExtract: ....... tax to be paid. That is in the nature of a concession and from it the proposition cannot be evolved and it does not follow that the tax on capital gains is anything other than income-tax. The Income-tax Officer was, therefore, well within his right in adjusting the advance tax as he did. The petition is dismissed with costs. Counsel s fee, Rs. 250
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