VATSALA SHENOY vs. JT.COMMISSIONER OF INCOME TAX
C.A. No.-001234-001234 - 2012Supreme Court18 Oct 2016
Section 260Section 583(4)(a)
capital gain is to be computed in such
circumstances, which was provided for the first time by Section 50B of
the Act with effect from April 01, 2000. However, this argument fails in
view of the fact that the assets were put to sale after their valuation.
There was a specific and separate valuation for land as well as building
