2013 (6) TMI 924 - HC - Income Tax
.......ng fair market value of the asset on the date of transfer, does not arise.” 8) In view of the above, we find no substantial question of law arises as the impugned order has merely followed the decision of this Court in the matter of CIT vs. Taxspin Engineering and Mfg. Works (supra). Accordingly, the appeal is dismissed. No order as to costs.