JAYSHREEBEN JAYANTIBHAI PALSANA,LIMBADIYA, BOTAD, GUJARAT vs. ITO WARD 1(9) BHAVANAGAR, BHAVNAGAR

In the result, the appeal of the assessee is allowed

capital gains.\n5.11 The absence of a corresponding clause in section 111A is legally\nsignificant and supports the principle that – when the legislature intended\nto deny rebate in respect of special income (as in section 112A), it has done\nso expressly. In contrast, the absence of any exclusion in section 111A or\nin section 87A