SH. SANJEEV LAL ETC. ETC. vs. COMMISSIONER OF INCOME TAX CHANDIGARH&AN
C.A. No.-005899-005900 - 2014Supreme Court01 Jul 2014
Section 45Section 54
section 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.”
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