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    <title>2023 (4) TMI 328 - ITAT JAIPUR</title>
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    <description>The tribunal partially allowed the appeal, directing the AO to permit the deduction of Rs. 6,20,000 under Section 54 and Rs. 70,00,000 as part of the cost of acquisition under Section 48. The tribunal dismissed the grounds related to the Supreme Court judgment and the residual ground as they were not pressed by the assessee. The order was pronounced on 08/02/2023.</description>
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      <link>https://www.taxtmi.com/caselaws?id=436302</link>
      <description>The tribunal partially allowed the appeal, directing the AO to permit the deduction of Rs. 6,20,000 under Section 54 and Rs. 70,00,000 as part of the cost of acquisition under Section 48. The tribunal dismissed the grounds related to the Supreme Court judgment and the residual ground as they were not pressed by the assessee. The order was pronounced on 08/02/2023.</description>
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