2006 (7) TMI 683

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....ate JUDGEMENT This appeal is at the instance of the Revenue against the assessee one T. Parthasarathy, aggrieved by the order of the Tribunal, is before us by raising the following two questions of law. (a) Whether, on the facts and circumstances of the case, the tribunal was justified in holding that the sale of the land results in long term capital gain and assessable accordingly treating the....