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    <title>High Court rules Section 50C of Income Tax Act doesn&#039;t apply to rights in land, only to land sales.</title>
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    <description>Loss arising from sale of subject land - Section 50C applicability - the assessee had certain rights under the agreement - from the clear plain and unambiguous language employed in Section 50C, it is evident that the same does not apply to a case of rights in land. - HC</description>
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