Bench: Shri V. Durgarao & Shrik.M. Roy, Accountant, Member
capital gain is Rs.170.72lacs. Exemption u/s 54EC is Rs.50lacs and balance amount is allowed u/s 54B. K) Order passed u/s 263 of I.T. Act 1961 does not indicate as to what enquiry has not been made on the facts and evidence on record. In show cause notice and in order passed u/s 263 no inquiries as are required is specified