TMI Blog1983 (12) TMI 138X X X X Extracts X X X X X X X X Extracts X X X X ..... e indivisible residential house on receipt of a consideration of Rs. 25,000. He was of the opinion that even though the cost of that asset was Rs. 2,25,000 and thus the assessee's share was Rs. 57,000 there was nothing to show that there was any understatement of the consideration because the assessee had an indivisible right in a property which could not be divided for independent enjoyment and t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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