Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2006 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2006 (11) TMI 246 - AT - Income TaxExtract: .......higher amount as compared to the actual sale consideration received by the assessee. Since the higher valuation adopted by the AO for computing higher capital gain, has already been deleted, making addition on account of deemed gift has no legs to stand. 9. In the result, the appeal of the assessee is allowed in part in terms indicated hereinabove.
|