2015 (8) TMI 475

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..... t is only to avoid capital gains tax - HC [2012 (9) TMI 100 - Gujarat High Court] held it cannot be said that the Scheme has no purpose or object and that it is a mere device/subterfuge with the sole intention to evade taxes, particularly when even the incidence of tax purportedly sought to be evaded is not established on facts - sanction of the Scheme granted - Held that:- We are not inclined to .....

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