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    <title>2015 (10) TMI 317 - ITAT HYDERABAD</title>
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    <description>The ITAT upheld the CIT(A)&#039;s decision, dismissing the department&#039;s appeal. The ITAT agreed that the shares were purchased in April 2006 and qualified for long-term capital gain exemption under Section 10(38). The addition under Section 69A was deleted as the investment was already reflected in the assessee&#039;s accounts. Consequently, the department&#039;s appeal and the Cross Objection by the assessee were both dismissed.</description>
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      <title>2015 (10) TMI 317 - ITAT HYDERABAD</title>
      <link>https://www.taxtmi.com/caselaws?id=265042</link>
      <description>The ITAT upheld the CIT(A)&#039;s decision, dismissing the department&#039;s appeal. The ITAT agreed that the shares were purchased in April 2006 and qualified for long-term capital gain exemption under Section 10(38). The addition under Section 69A was deleted as the investment was already reflected in the assessee&#039;s accounts. Consequently, the department&#039;s appeal and the Cross Objection by the assessee were both dismissed.</description>
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