Monday, July 27, 2020

Holding period for purpose of capital gains to be reckoned from date of allotment of flat: ITAT

INCOME TAX: Holding period for purpose of capital gains has to be reckoned from date of allotment of flat and not date of possession of flat

from www.taxmann.com Latest Case Laws https://ift.tt/39xwuer
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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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