2008 (6) TMI 199

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....was delivered by C. N. RAMACHANDRAN NAIR J. - Heard senior counsel Sri Joseph Markose appearing for the appellant and standing counsel appearing for the respondent. The question involved is whether the assessee, in the computation of long-term capital gains, is entitled to deduction under section 54F of the Income tax Act in respect of investment in modification/expansion of an existing residen....