LTCG - claim of the assessee denied - the astronomical growth of ...
Assessee's Long Term Capital Gains claim denied; extraordinary share value increase leads to delisting directive.
April 15, 2019
Case Laws Income Tax HC
LTCG - claim of the assessee denied - the astronomical growth of the value of company’s shares naturally excited the suspicions of the Revenue. The company was even directed to be delisted from the stock exchange.
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