Mode of sale of the property whether by auction or through negotiation by the assessee.

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....>INSTRUCTION NO. 458/CBDT  Dated: September 27, 1972 Section(s) Referred: 226 Statute: Income - Tax Act, 1961 It has come to the notice of the Board that an assessee came up with a re....

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....s discretion as to the mode of sale of the property whether by auction or through negotiation by the assessee, it would desire the Commissioners to exercise a good deal of caution in this direction an....