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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Computation of LTCG - not granted of benefit of cost of ...

Case Laws     Income Tax

August 29, 2019

Computation of LTCG - not granted of benefit of cost of acquisition - the tribunal has recorded reasons for remanding the matters to the AO in the light of the claim of the assessee for substituting the FMV as on 1/4/1981 and to consider the claim of exemption as per the provisions of the law in light of the relevant CBDT Circular - no error has been committed by the Tribunal

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