ANJU JHUNJHUNWALA,VARANASI vs. PCIT, VARANASI

In the result, appeal of the assessee is allowed

115]B" From, a bare reading of the said section and Literal construction of the same about which there is not ambiguity, it is evident that the only requirement to be complied with by an assessee for claiming exemption under section 10(38) is that the consideration should be realized on transfer of long term capital asset in the form

SARVESH KUMAR AGARWAL HUF,VARANASI vs. PCIT,, VARANASI

In the result, appeal of the assessee is allowed