S.C : Where for want of permissions, entire transaction of development of land envisaged in Joint Development Agreement (JDA) fell through, there would be no profit or gain which arose from transfer of capital asset, which could be brought to tax under section 45, read with section 48
Supreme Court Of India CIT Vs. Balbir Singh Maini Section 2(47),45, 48 Assessment year 2007-08 R.F. Nariman And Sanjay Kishan […]
