LTCG for investment in REC Bonds - Computation of capital gain - ...
Consistency in LTCG Tax Liability for Co-Owners of REC Bonds: Uniformity in Capital Gains Computation Essential.
April 30, 2020
Case Laws Income Tax AT
LTCG for investment in REC Bonds - Computation of capital gain - The liabillity of long term capital gains cannot differ between the co-owners of a property. Even though there is no res judicata in tax proceedings, the principle of consistency has to be applied.
View Source