I.T.AS. NOS. 121(PB) TO 126(PB) AND 264(P.B.) TO 269(P.B.) OF 1587-88, DECIDED ON 12TH MAY, 1988. versus I.T.AS. NOS. 121(PB) TO 126(PB) AND 264(P.B.) TO 269(P.B.) OF 1587-88, DECIDED ON 12TH MAY, 1988.
Section 13 (1) (a), besides the unclear investment reviewer, fails to provide a satisfactory explanation for this investment. The amount of property to be sold must be taken in accordance with the terms of the sale. There is no need to test what the assessor has not ruled out. Assess the investment made under section 13 (2) that the amount of the unexpected investment cannot be immediately added to the income of the assessee but approval of the IAC will be necessary and a IAC will be required. Approval will be enough.
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