Case Name : H. Prakashchand chordia vs. Appropriate authority
Citation :  112 taxman 379/244 itr 474 (mad.)
Court : Madras high court
Section : 269ua to 269ug
Meaning : The expression ‘as on the date of transfer’ in section 269ua(b) refers to the consideration payable on that date and the section is silent as to the commencement of the period to ascertain the period for the determination of the discounted value.