M/S JINDAL EQUIPMENT LEASING CONSULTANCY SERVICES LTD. vs. COMMISSIONER OF INCOME TAX
Appeals stand disposed of in the aforesaid terms
C.A. No.-000152-000152 - 2026Supreme Court09 Jan 2026
Bench: HON'BLE MR. JUSTICE R. MAHADEVAN
Section 143(3)Section 28Section 47
54E,
54EA, 54EB, 54F, 54G and 54H, be chargeable to income-tax under the head
"Capital gains", and shall be deemed to be the income of the previous year in
which the transfer took place.”
Section 47 – Transactions not regarded as transfer
“Nothing contained in section 45 shall apply to the following transfers:
….
(vii) any transfer by a shareholder
