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1986 (1) TMI 37 - MADHYA PRADESH HIGH COURT
Extract:
....... and against the Revenue with no order as to costs. Our answer to the question referred, therefore, is That on the facts and in the circumstances of the case and having regard to the provisions of section 55(2) of the Income-tax Act, 1961, the Income-tax Appellate Tribunal was correct in law in holding that no capital gains accrued to the assessee.