Penalty u/s. 27(1)(c) - conversion of business loss into capital ...

Penalty u/s 27(1)(c) Overruled for Business Loss Conversion to Capital Loss Without Quantum Appeal.

August 24, 2015

Case Laws Income Tax AT

Penalty u/s. 27(1)(c) - conversion of business loss into capital loss and in adoption of higher rate for shares sold - though the assessee has not preferred any quantum appeal, we do not find it appropriate to levy of penalty - AT

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Penalty u/s. 27(1)(c) - conversion of business loss into capital ...

Penalty u/s 27(1)(c) Overruled for Business Loss Conversion to Capital Loss Without Quantum Appeal.

August 24, 2015

Case Laws Income Tax AT

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