CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT, KOTTAYAM
In the result, the appeals of the assesses in ITA no
ITA 304/COCH/2019[2004-05]Status: DisposedITAT Cochin30 Sept 2019AY 2004-05
Bench: S/Shri Chandra Poojari, Am & George George K., Jm
46, means the fair market value of the asset on the date of distribution;
(v) wherethe capital asset, being a share or a stock of a company, became the property of the assesseeon —
(a) the consolidation and division of all or any of the share capital of the company into shares of larger amount** ** **"
11.6 A bare reading thereof would
