Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2001 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2001 (10) TMI 49 - DELHI HIGH COURTExtract: ....... that there was a gift involved. In these circumstances, we hold that the Tribunal s conclusions on both the questions--whether there was any gift involved and on the valuation--are erroneous. Thus, we direct the Tribunal to redetermine the value keeping in view the aspects which it itself noted. The reference petitions are accordingly disposed of.
|