Gujarat H.C : Where Assessing Officer opined that profit earned by assessee from sale of leasehold land was taxable as capital gain, since there was no failure on part of assessee to disclose all material facts, Assessing Officer could not initiate reassessment proceedings merely on basis of change of opinion that amount in question was liable to be taxed as ‘income from other sources’
High Court Of Gujarat Radhawami Salt Works Vs. Assistant Commissioner of Income-tax Section 45, 56, 147 Assessment year 2010-11 Akil […]