CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT,CEN- CIRCLE,, KOTTAYAM
In the result, the appeals of the assesses in ITA no
ITA 307/COCH/2019[2007-08]Status: DisposedITAT Cochin30 Sept 2019AY 2007-08
Bench: S/Shri Chandra Poojari, Am & George George K., Jm
section 2(14) and its exchange or relinquishment
or extinguishment of therein amounts to transfer u/s 2(47) of the Act and the
transfer took place on 25/03/2009. Hence, it was submitted that no income, in this
regard can be assessed under the head other sources or capital gains for the AY
2011-12. The Ld. AR submittedthat no benefit
