VATSALA SHENOY vs. JT.COMMISSIONER OF INCOME TAX
C.A. No.-001234-001234 - 2012Supreme Court18 Oct 2016
Section 260Section 583(4)(a)
Section 50B to the Act with effect from April 01, 2000, laying down the
mechanism for computation of capital gains in case of slump sale. For,
such slump sales prior to April 01, 2000 were, therefore, not taxable, was
the submission of the learned counsel. It was argued that precisely this
very issue had been clinchingly determined by this Court
