Reduction of debt for working out the net wealth of assessee - ...

CIT Misinterprets Assessee's Balance Sheet, Overlooks Loan Liability, Impacts Net Wealth Calculation for Tax Purposes.

January 6, 2016

Case Laws Wealth-tax AT

Reduction of debt for working out the net wealth of assessee - CIT has misunderstood from the balance-sheet filed by assessee that there is no loan liability on the said land & building of assessee. - AT

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Reduction of debt for working out the net wealth of assessee - ...

CIT Misinterprets Assessee's Balance Sheet, Overlooks Loan Liability, Impacts Net Wealth Calculation for Tax Purposes.

January 6, 2016

Case Laws Wealth-tax AT

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