CIT(A) erred in allowing assessee's appeal without considering facts properly. Provisions of section 50B...

CIT(A) erred in allowing assessee's appeal without considering facts properly. Provisions of section 50B regarding computation of capital gains on slump sale applicable. Order of CIT(A) reversed, Revenue's grounds allowed. ITAT's decision favored Revenue's stance on applicability of section 50B. .....

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