M/S FIBRE BOARDS (P) LTD BANGALOARE vs. CIT BANGALORE
C.A. No.-005525-005526 - 2005Supreme Court11 Aug 2015
Section 280YSection 280ZSection 54G
E N T
R.F. Nariman, J.
1.
The assessee, a private limited company, had an
industrial unit at Majiwada, Thane, which was a notified urban
area. With a view to shift its industrial undertaking from an
urban area to a non-urban area at Kurukumbh Village, Pune
District, Maharashtra, it sold its land, building and plant and
machinery situated