deduction. On the contrary we are
dealing with section 45 read with sections 48 and 50B providing for the computation of
capital gain ... sale of business
in its entirety u/s 45 read with sections 2(42C) and 50B. We fail to appreciate as to how
this case
assessee,the AO called for information from
DDCL and CIBA India under sec.131 of the Act.He directed them to furnish details of written ... report prepared by an accountant in accordance with the provisions of sec.50B of the Act. On
perusal of the same,he found that
undertaking at Valia while calculating long
term capital gains u/s 50B . There is no mandate available to the learned
AO to adjust ... worth of the unit sold u/s 50B . Thus the said
reduction made by the learned AO, on a without prejudice basis
