VATSALA SHENOY vs. JT.COMMISSIONER OF INCOME TAX
C.A. No.-001234-001234 - 2012Supreme Court18 Oct 2016
Section 260Section 583(4)(a)
capital asset. The
definition of the expression “transfer” is contained in
Section 2(47) of the 1961 Act. It has very wide meaning.
What is taxable under Section 45(1) of the 1961 Act is
“profits and gains
