THE ITO,, COCHIN vs. LATE SRI.K.SASIDHARAN REP BY SMT. K.P.SAILAJA, COCHIN
In the result, the appeal filed by the Revenue is partly allowed for
ITA 56/COCH/2017[2006-07]Status: DisposedITAT Cochin10 Jul 2018AY 2006-07
Bench: S/Shri Chandra Poojari , Am & George George K., Jm
Section 10(37)Section 139(1)Section 143(3)Section 263Section 54Section 54FSection 54F(4)
capital gains in an account
which is duly notified by the Central Government. In other words, if the
assessee claims exemption from payment of income tax by retaining the cash
then the said amount is to be invested in the said account notified by the Central
Government on this behalf. If the intention is not to retain cash
