TMI Blog2008 (9) TMI 593X X X X Extracts X X X X X X X X Extracts X X X X ..... d to deduction u/s 54E in respect of the capital gain arising on the transfer of a capital asset on which depreciation has been allowed and which is deemed as short-term capital gain u/s 50 of the Inc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for respondents. P.C. 1. Heard the learned Counsel for the appellant and the learned Counsel for the respondent. 2. Both the learned Counsel categorically state that the question of law r ..... X X X X Extracts X X X X X X X X Extracts X X X X
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