SHRI SHARDAGRAM ALUMNI EDUCATION AND CHARITABLE TRUST,RAJKOT vs. CIT(EXEMPTION), AHMEDABAD, AHMEDABAD

In the result, appeal filed by the assessee is allowed for statistical\npurposes, in above terms

transfers the property to A for the same price at which he originally\npurchased it, he should be liable to pay tax on the basis as if he has received the market\nvalue of the property as on the date of resale, if, in the mean-while, the market price has\nshot up and exceeds the agreed price by more