Capital Gain - The mere fact that the company and the firm were ...

Appellants must pay capital gains tax on property sale, even if company and firm taxed for unexplained cash credits.

June 29, 2016

Case Laws Income Tax HC

Capital Gain - The mere fact that the company and the firm were subjected to tax, on additions made for unexplained cash credits, would not absolve the appellants herein of their liability to pay tax on capital gains on the consideration received on the sale of the subject property. - HC

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Capital Gain - The mere fact that the company and the firm were ...

Appellants must pay capital gains tax on property sale, even if company and firm taxed for unexplained cash credits.

June 29, 2016

Case Laws Income Tax HC

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