Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1990 (4) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1990 (4) TMI 38 - HC - Income TaxExtract: .......e where such a new capital asset is situate, it could not be held that the new capital asset was not purchased for the purposes of his own residence. In the above view of the matter, both the conditions are satisfied in this case. Accordingly, the petition succeeds. Rule is made absolute in terms on prayer clauses (b) and (d). No order as to costs.
|