The same income cannot be charged to tax twice. Once the revenue ...

Income Cannot Be Double Taxed: Revenue Must Allow Deduction for Another Taxpayer if Recognized as Capital Gains Income.

June 6, 2017

Case Laws Income Tax AT

The same income cannot be charged to tax twice. Once the revenue accept the income offered by another assessee as income under the head ‘income from capital gains’, the same has to be allowed as deduction in the hands of assessee. - AT

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The same income cannot be charged to tax twice. Once the revenue ...

Income Cannot Be Double Taxed: Revenue Must Allow Deduction for Another Taxpayer if Recognized as Capital Gains Income.

June 6, 2017

Case Laws Income Tax AT

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