In the result, appeal of the assessee is partly allowed for statistical purposes, in above terms
Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahuassessment Year: 2014-15 Jasper Auto Services Pvt. Vs. Dy. Commissioner Of Ltd., Hyderabad. Income-Tax, Circle – 2(1), Hyderabad. Pan – Aaccb 0196P (Appellant) (Respondent)
68,33,000/-_ made towards Long Term Capital Gains. 2 Jasper Auto Services Pvt. Ltd., Hyd. (b) The Ld. CIT(A) erred in holding that in the appellant's case, there was a slump sale within the meaning of section 2(42C) of the Act attracting the provisions of section 50B