SRI ALAGAPPA MUTHIAH(HUF),BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE-2(4), BANGALORE

In the result, both the appeals of the assessees are allowed\nand revenue appeals are dismissed

price received by the respondent was\nat the rate of Rs.136 per share the full value\nof the consideration must be taken at the rate\nof Rs.136 per share. The view that we have\nexpressed as to the interpretation of the main\npart of section 12B(2) is borne out by the fact\nthat in the first proviso to section

SRI ALAGAPPA ANNAMALAI(HUF),BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2(4), BANGALORE

In the result, both the appeals of the assessees are allowed\nand revenue appeals are dismissed