Thursday, August 2, 2018

Capital WIP to be reduced while computing capital gains it was sold along with plant & machinery

Capital WIP to be reduced while computing capital gains it was sold along with plant & machinery

from www.taxmann.com Latest Case Laws https://ift.tt/2OAeFjO

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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