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2004 (8) TMI 20 - PUNJAB AND HARYANA HIGH COURTQuestion of law – appeal to HC – first dispute relates to the computation of capital gains - second dispute relates to the addition sustained by the Tribunal to the trading account of the assessee - third issue relates to levy of interest under section 234B - we are satisfied that the following substantial question of law does arise out of the order of the Tribunal for consideration by this court: "Whether, on the facts and circumstances of the case, the Tribunal was right in holding that to calculate the long-term capital gain, cost indexing under section 48 of the Income-tax Act, 1961, had to be made in respect of each payment separately on the basis of date when the same was actually paid?" – Assessee’s appeal is admitted
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