THE PRINCIPAL COMMISSIONER OF INCOME TAX vs. REENA JOSE
ITA/47/2020HC Kerala03 Apr 2024
Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.
For Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX
capital gains. The consideration will have to be treated as the
individual income of the assessees and assessed accordingly under
the appropriate head. We therefore set aside the said findings in the
impugned order of the appellate tribunal and remand the matter back
to the tribunal to pass a fresh order on this issue in the light of our
findings
