VATSALA SHENOY vs. JT.COMMISSIONER OF INCOME TAX
C.A. No.-001234-001234 - 2012Supreme Court18 Oct 2016
Section 260Section 583(4)(a)
capital gains under
Section 45 of the Act are not income accruing from day to day. It is
deemed income which arises at a fixed point of time, viz. on the date of
transfer.
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