Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1983 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1983 (12) TMI 43 - CALCUTTA HIGH COURTExtract: .......essee as its stock-in-trade and so the surplus arising out of the sale of the land was the assessee s business income. In our view, the Tribunal has not committed any error of law and the question that has been referred is answered in the affirmative and against the assessee. Each party will pay and bear its own costs. SATISH CHANDRA C. J.-I agree.
|