facilitating corporatisation of stock exchange and therefore, the deletion of Section 47(xiii) will not have an impact, on the liability to pay capital gains ... Under Section 45(4) of the Act. By insertion of Section 47(xiii) in the Act, it cannot be said that the conversion
that there is no violation of the
conditions stipulated in Section 47(xiii) of the
Income Tax Act without taking cognizance of the
fact that ... there has
been any violation of the conditions stipulated under Section 47(xiii) of the
Act.
5. The assessee is a private limited company, which
whether
any capital gains would arise in terms of Section
47(iii) of the Income Tax Act?”
3. We have heard Mr.M.Swaminathan, learned ... taken over by the
company, as per the provisions of Section 47(xiii) of the Act, no capital gains
arose in the hands
holding that there was no violation of the
provisions of Section 47(xiii) of the Act?
2.Whether on the facts and circumstances
fill.
11. The above said clauses in Chapter XIII of IREM
are in consonance with Section 47 of the above said Act.
Therefore the provisions ... under Chapter
XIII of the Absorption of Medically Incapacitated Staff in
Alternative Employment Rules. These are extracted hereunder:
" Section 47 . Non-discrimination in
government
application filed under Section 47 of the Code of Civil Procedure for wiping out of the decree as per Act XIII of 1980. The lower
M/S. Naramada Infrastructure ... vs The Assistant Commissioner Of Income ... on 29 December, 2022
Bench
judis ( Uploaded on: 06/08/2025 05:47:00 pm )
9
valuation report dated 25.11.2022 with break up details for the period
from ... judis ( Uploaded on: 06/08/2025 05:47:00 pm )
10
from 13.6.2021 to 12.6.2024.
xiii) Based on the above, TTDC has issued a letter
Mohanraj @ Mohan vs State Rep. By
Bench: M.S.Ramesh , Sunder Mohan
Crl.A.Nos
laid down in the
proviso to clause (xiii) or the proviso to clause (xiv) of
section 47 are not complied with, the amount of profits ... laid down in the proviso to clause (xiii) or the
proviso to clause (xiv) of section 47 shall be deemed to be
the profits
