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Capital Gain taxable in the year of transfer
Case Law Details
- Case Name
- Ajay Guliya Vs Assistant Commissioner of Income-tax, New Delhi (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
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HIGH COURT OF DELHI
Ajay Guliya
v/s.
Assistant Commissioner of Income-tax, New Delhi
IT APPEAL NO. 423 OF 2012
JULY 16, 2012
ORDER
S. Ravindra Bhat, J.
The appellant is aggrieved by an order dated 17.2.2012 of the ITAT by which the revenue’s appeal, against the order of the CIT(A) was allowed.
2. The assessee claims in this appeal the following substantial question of law arises for consideration i.e. “whether the Tribunal fell into error in holding that the amount of Rs. 26,25,000/-, which was yet to be received by the assessee, was subject to tax under the head...






