Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1987 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1987 (7) TMI 27 - HC - Income TaxExtract: .......the case, the Tribunal was not right in holding that the capital gains arising to the assessees were liable to be assessed as short-term capital gains. In other words, our answer to the aforesaid question is in the negative, in favour of the assessees and against the Department. In the circumstances of the case, there shall be no order as to costs.
|