SH. SANJEEV LAL ETC. ETC. vs. COMMISSIONER OF INCOME TAX CHANDIGARH&AN
C.A. No.-005899-005900 - 2014Supreme Court01 Jul 2014
Section 45Section 54
45; and for the purpose
of computing in respect of the new asset any capital
gain arising from its transfer within a period of three
years of its purchase or construction, as the case may
be, the cost shall be reduced by the amount of the
capital gain.”
9.
Upon perusal of Section
