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    <title>2012 (11) TMI 1131 - ITAT COCHIN</title>
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    <description>The Appellate Tribunal ITAT COCHIN allowed the appeal for statistical purposes in a case concerning the liability for capital gain tax on the sale of land. The Tribunal directed a reconsideration by the assessing officer to determine if the land fell within the specified limits of Cochin Municipality, following legal provisions and notifications. The Tribunal highlighted the importance of adhering to the law and providing the taxpayer with a reasonable opportunity to present their case.</description>
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      <description>The Appellate Tribunal ITAT COCHIN allowed the appeal for statistical purposes in a case concerning the liability for capital gain tax on the sale of land. The Tribunal directed a reconsideration by the assessing officer to determine if the land fell within the specified limits of Cochin Municipality, following legal provisions and notifications. The Tribunal highlighted the importance of adhering to the law and providing the taxpayer with a reasonable opportunity to present their case.</description>
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