196 results for “capital gains”+ Section 42clear
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In the result, the appeal filed by the Revenue is dismissed
Bench: Shri Laliet Kumar, Hon’Ble & Shri Manjunatha G, Hon’Ble
gain by applying provision of Section 50C of the Income Tax Act, 1961. The learned counsel for the assessee, at the time of hearing submitted that the assessee does not wish to press ground nos.3 and 4. Therefore, the grounds nos.3 and 4 of assessee’s appeal are dismissed, as not pressed. 13. In the result, the appeal of assessee