Tag Archives: utilization of capital gain

Advances paid amount to utilization of capital gains

By | August 14, 2015

Advances paid for purchase of assets would amount to utilization of capital gains u/s 54G- Supreme Court Case Law Citation: Fibre Board Pvt. Ltd. Vs. CIT (Supreme Court Of India), Civil Appeal No. 5525-5526 of 2005, Date of Decision: 11.08.2015 Brief of the case: In this case assessee with an intention to shift its industrial… Read More »