Tag: Hardiallia Chemicals Ltd. vs. CIT (1996) 134 CTR (Bom) 35 : (1996) 218 ITR 598 (Bom)

Applicability of section 50C & 56(2)(x) where agreement to sale was done before the date of its applicability Issue of applicability of section 50C & 56(2)(x) is always a hot & burning topic. In normal course, section 50C & 56(2)(x) ...