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1991 (8) TMI 9 - SC - Income Tax
Land requisitioned by the Central Government - Whether the interpretation given by the Tribunal based upon the definition of 'capital asset' in section 2 (14)(iii)(a) of the Income-tax Act, 1961, is correct - Whether the profits or gains arising from the transfer of 'capital asset' can be chargeable to income-tax if the transfer is effected in the previous year and if no amount is received