Computation of capital gain - transaction with a related party - ...

Court Finds No Evidence of Understated Consideration in Related Party Transaction; Fair Market Value Undetermined by AO.

January 28, 2017

Case Laws Income Tax HC

Computation of capital gain - transaction with a related party - The amount actually received was admittedly the amount mentioned in the sale agreement - AO did not find the consideration to have been understated. He, therefore, was not entitled to determine the fair market value - HC

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Computation of capital gain - transaction with a related party - ...

Court Finds No Evidence of Understated Consideration in Related Party Transaction; Fair Market Value Undetermined by AO.

January 28, 2017

Case Laws Income Tax HC

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