Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1986 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1986 (1) TMI 23 - HC - Income TaxExtract: ....... not conform to the concept of a capital asset. We, therefore, answer the first question in the affirmative and in favour of the assessee and against the Revenue. As regards the second question, we answer the same in the negative and in favour of the assessee and against the Revenue. There will be no order as to costs. SATISH CHANDRA C. J.-I agree.
|