Computation of capital gains - Unless the AO possesses some ...

Assessing Officers Must Use Evidence, Not Estimation, to Challenge Taxpayer's Disclosed Capital Gains Value.

October 29, 2016

Case Laws Income Tax AT

Computation of capital gains - Unless the AO possesses some evidences, demonstrating the fact that full value of the consideration disclosed by the assessee was incorrect, he cannot replace that value by estimation or on the basis of his own estimation. - AT

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Computation of capital gains - Unless the AO possesses some ...

Assessing Officers Must Use Evidence, Not Estimation, to Challenge Taxpayer's Disclosed Capital Gains Value.

October 29, 2016

Case Laws Income Tax AT

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