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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Computation of Capital gain - AO directed to allow claim in ...


AO Must Allow Developer's Bank Liability Claim for Taxpayer's Share u/s 48 of Income Tax Act.

January 29, 2015

Case Laws     Income Tax     AT

Computation of Capital gain - AO directed to allow claim in respect of bank liability of the developer repaid by the assessee and other co-owners, to extend of assessee’s share u/s. 48(i)/(ii) - AT

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