Capital gains on Sale of mortgaged property in discharge of loan created by assessee himself–Determination of full value of consideration
DOUBLE TAXATION AVOIDANCE AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF INDIA AND THE GOVERNMENT OF ICELAND
Set off of business losses–Set off of unabsorbed business losses against capital income arising through slump sale–Allowability
Delhi High Court ordered CCIT to cause an inquiry for involvement of the officials or employee in the manipulation of the record & for Disciplinary Action.