High Court Orders Reassessment of Petitioner's Income from Property Sale in Accordance with Grandmother's Case u/s 264.

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....Revision u/s 264 - petitioner and his grandmother are co-owners of property sold - joint ownership - seeking the petitioner's income in respect of the transaction pertaining to the said property, be determined in accordance with the decision of the High Court in the petitioner's grandmother's case - AO directed to re-do the assessment - HC....