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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Stay of recovery of demand - Addition u/s 68 - Taxing capital ...


Court Denies Stay on Tax Recovery: Capital Gains u/s 68 Not Exempt u/s 10(37.

December 28, 2018

Case Laws     Income Tax     AT

Stay of recovery of demand - Addition u/s 68 - Taxing capital gains claimed by the assessee as exempt u/s. 10(37) - assessee has been unable to establish a prime facie case - No stay.

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