Revision u/s 263 - capital gain earned by the assessee on sale ...

Section 263 Revision: Capital Gain from Share Sale Excluded from Book Profit Tax, AO's Inquiry Found Inadequate.

December 5, 2018

Case Laws Income Tax AT

Revision u/s 263 - capital gain earned by the assessee on sale of the shares has not been offered for the Book Profit tax under section 115JB - since no proper inquiry was conducted by the AO, the order is erroneous so far as it is prejudicial to the interest of the revenue.

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Revision u/s 263 - capital gain earned by the assessee on sale ...

Section 263 Revision: Capital Gain from Share Sale Excluded from Book Profit Tax, AO's Inquiry Found Inadequate.

December 5, 2018

Case Laws Income Tax AT

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