https://www.taxtmi.com/caselaws?id=17216 The court concluded that the principle in CIT v. Bai Shirinbai K. Kooka [1962] 46 ITR 86 (SC) was not applicable to the case. The determination of the land value at Rs. 2,000 per ground as of January 1, 1954, for computing capital gains was upheld. The court affirmed the Tribunal's decision, ruling against the assessee without awarding costs. en-us Wed, 06 Nov 1996 00:00:00 +0530 Sat, 19 Sep 2009 11:09:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17216 The court concluded that the principle in CIT v. Bai Shirinbai K. Kooka [1962] 46 ITR 86 (SC) was not applicable to the case. The determination of the land value at Rs. 2,000 per ground as of January 1, 1954, for computing capital gains was upheld. The court affirmed the Tribunal's decision, ruling against the assessee without awarding costs. Case-Laws Income Tax Wed, 06 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17216