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    <title>2011 (8) TMI 657 - ITAT, Mumbai</title>
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    <description>The Tribunal dismissed the assessee&#039;s objection to withdraw the reference to the Special Bench regarding the addition of liabilities to the sale consideration for determining capital gains on a slump sale. The Tribunal emphasized the need for consistency in judicial decisions and its authority to resolve conflicting views through Special Benches. It directed the case to be heard by the Special Bench, highlighting the importance of maintaining judicial discipline and ensuring the Tribunal&#039;s proper functioning despite pending litigation on similar issues in higher courts.</description>
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      <description>The Tribunal dismissed the assessee&#039;s objection to withdraw the reference to the Special Bench regarding the addition of liabilities to the sale consideration for determining capital gains on a slump sale. The Tribunal emphasized the need for consistency in judicial decisions and its authority to resolve conflicting views through Special Benches. It directed the case to be heard by the Special Bench, highlighting the importance of maintaining judicial discipline and ensuring the Tribunal&#039;s proper functioning despite pending litigation on similar issues in higher courts.</description>
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      <pubDate>Wed, 10 Aug 2011 00:00:00 +0530</pubDate>
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