1988 (12) TMI 95 - HC - Income Tax

Summary

The High Court of Bombay delivered a judgment in a case involving capital gains and amalgamation between two companies. The court ruled in favor of the assessee based on a previous decision. The second question raised in the case was not considered due to the outcome of the first question. Another question was deemed of academic interest and left unanswered. The court did not award any costs.