ACIT-2(1), UJJAIN, UJJAIN vs. M/S RUCHI J OIL PVT. LTD,, MUMBAI
In the result, Revenue’s appeal ITANo
ITA 82/IND/2020[2014-15]Status: HeardITAT Indore17 Jan 2022AY 2014-15
Bench: Shri Mahavir Prasad & Shri Manish Boradvirtual Hearing Assessment Year: 2014-15
Section 271ASection 40A(2)(b)Section 91D(1)Section 92BSection 92D(1)
price to any particular asset, the transaction is of the capital nature covered by Section 50B of the Act, liable for capital gain :- a)
CIT vs. Accelerated Freeze Drying Co. Ltd. [2011] 337 ITR 440
(Kerala) b)
Premier Automobiles Ltd. vs. ITO [2003] 264 ITR 193 (Bom.)
"
It may please be appreciated that the slump sale transaction was therefore
