SH. SANJEEV LAL ETC. ETC. vs. COMMISSIONER OF INCOME TAX CHANDIGARH&AN
C.A. No.-005899-005900 - 2014Supreme Court01 Jul 2014
Section 45Section 54
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to income-tax as income of the previous year in which
the transfer took place, it shall be dealt with in
accordance with the following provisions of this
section, that is to say, –
(i) If the amount of the capital gain is greater than the
cost of the residential house so purchased or
constructed (hereafter in this section referred
