Substantial question of law
radha raman karmakar
(Querist) 31 October 2012
This query is : Resolved
Learned Advocates
when any substantial question of law arisen of any dispute matter and fact of the cases are real but no support of any case law or evidence then how i prove this is really occurred? a example given here that make it clear.
a promoter purchased a land & building with less worth value than fair market value as the existing of three tenant in the said building which were settled after wards in consideration of money. After completing three-storied building he sold out each flat less than market fair value but income tax department not agreed with such assessment they impose 20% profit on production of each cost flat. whereas no standard rate of profit given on any provision.
Thanking you
RADHARAMAN KARMAKAR
Devajyoti Barman
(Expert) 31 October 2012
I fail to understand ho does the question of substantial question of law is involved with your question.
Fight the case on merit.
If you feel aggrieved you would get chance to prefer appeal too.
