High Court: Section 50 of Income Tax Act Exempts Low-Cost Bottles, Crates, Cylinders Bought Before April 1, 2006. https://www.taxtmi.com/highlights?id=21304 Applicability of section 50 on sale proceeds on sale bottles, crates and cylinders whose individual cost did not exceed ₹ 5,000 - purchase were made before 1.4.2006 - Not taxable - HC en-us Sat, 03 Jan 2015 12:52:13 +0530 Sat, 03 Jan 2015 12:52:13 +0530 TaxTMI RSS Generator High Court: Section 50 of Income Tax Act Exempts Low-Cost Bottles, Crates, Cylinders Bought Before April 1, 2006. https://www.taxtmi.com/highlights?id=21304 Applicability of section 50 on sale proceeds on sale bottles, crates and cylinders whose individual cost did not exceed ₹ 5,000 - purchase were made before 1.4.2006 - Not taxable - HC Highlights Income Tax Sat, 03 Jan 2015 12:52:13 +0530 https://www.taxtmi.com/highlights?id=21304