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Case Law Details

Case Name : ITO Vs. United Marine Academy (ITAT Mumbai)
Appeal Number : I.T.A. No. 968/Mum/2007
Date of Judgement/Order : 25/04/2011
Related Assessment Year : 2003- 04
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Recently ITAT Mumbai in the case of ITO Vs. United Marine Academy (Mumbai ITAT) held that  Assessing Officer thus was right in applying the provision of section 50C to the transfer of depreciable capital assets covered by section 50 and in computing the capital gain arising from the said transfer by

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