Addition to income - since the construction of the relevant ...

House Construction Not Business Activity, Section 43A Inapplicable, No Income Additions from Forex Gain.

May 16, 2018

Case Laws Income Tax HC

Addition to income - since the construction of the relevant house was not a part of the business of the assessee, Section 43A of the Act would not apply to the apparent gain made by the assessee as a consequence of the foreign exchange fluctuation - no additions - HC

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Addition to income - since the construction of the relevant ...

House Construction Not Business Activity, Section 43A Inapplicable, No Income Additions from Forex Gain.

May 16, 2018

Case Laws Income Tax HC

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