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1993 (3) TMI 8 - RAJASTHAN HIGH COURT
Extract:
....... was right in coming to the conclusion that the provisions of section 52(2) of the Income-tax Act were not applicable in relation to the capital gains earned in relation to Binai House, Ajmer, for the assessment years 1974-75 and 1975-76. The reference is accordingly answered in favour of the assessee and against the Revenue. No orders as to costs.