M/S.R.S.RANGADAS vs. THE ASST.COMMISSIONER OF INCOME TAX
Appeals are disposed of, with no order as to costs
ITTA/406/2005HC Telangana19 Oct 2022
Bench: C.V. BHASKAR REDDY,UJJAL BHUYAN
Section 2(47)Section 271(1)(c)Section 45(1)Section 48Section 54F
u/s 54F of the Income Tax Act, 1961?
ITA No. 405/2005
(3)
Whether the Income Tax Appellate Tribunal was
correct in taking the market value of the shares quoted at the
stock exchange on 05.05.1998 as the basis for computing
the capital gains under Section 48 of the Income Tax Act?"
2.
ITA No.389/2007 filed by the Director of Income
