Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1992 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1992 (4) TMI 101 - AT - Income TaxExtract: ....... we cannot support the assessment of an amount on such hypothetical basis but we have to accept the claim for exclusion of the capital receipt on the basis of actual transaction. Hence we direct the ITO to delete the sum of Rs. 73,500 from the total income of the assessee. 8. to 10. These paras are not reproduced here as they involved minor issues.
|