M/S FIBRE BOARDS (P) LTD BANGALOARE vs. CIT BANGALORE
C.A. No.-005525-005526 - 2005Supreme Court11 Aug 2015
Section 280YSection 280ZSection 54G
1) of Section 54G. However, if it fails to
acquire the plant and machinery before one year of
transfer or within the period of filing return, it is
supposed to deposit the capital gains in the Capital
Gains Deposit Scheme. It cannot be said that giving
advance to different concerns means utilization of
money for acquiring the assets. Therefore
