COMMISSIONER OF INCOME TAX vs. M/S K.VENKATESWARA RAO

Bench: V.V.S.RAO,RAMESH RANGANATHAN

transfer, in either case, had been made at the market value of such goods as on that date: Provided that where, in the opinion of the Assessing] Officer, the computation of the profits and gains of the industrial undertaking or the business of the hotel in the manner hereinbefore specified presents exceptional difficulties, the Assessing] Officer may compute such profits

INCOME TAX BANGALORE vs. SHALINI BHUPAL

Appeal is dismissed