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1981 (1) TMI 157 - ITAT MADRAS-BExtract: .......out earlier, it was a case of actual dissolution and even if it is construced as a case of retirement, it is a case of adjustment of rights of partners inter se and not a sale by firm to partner. In any view of the matter, the assessee s appeal on this point not to be allowed. Relief due Rs. 1,82,841. 6. In the result, the appeal is partly allowed.
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