VATSALA SHENOY vs. JT.COMMISSIONER OF INCOME TAX
C.A. No.-001234-001234 - 2012Supreme Court18 Oct 2016
Section 260Section 583(4)(a)
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first apportioned among the assessees in the ratio in which they had
received the said amount. Thereafter, this amount is divided into long
term capital gains and short term capital gains. Two components of long
term capital gains are taken into consideration, namely goodwill and sale
of land. Likewise, short term capital gain is arrived at in respect
