Wednesday, December 5, 2018

Mere suspicion wasn't enough to hold that assessee introduced his unaccounted money in shares to earn LTCG

IT: Where prior to sale, shares were held for certain period and sale transactions were not disputed, LTCG couldn't be held to be a mean to introduce unaccounted money

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

No comments:

Post a Comment

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

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...