Cost of acquisition - CIT(A) not accepting the value of wells, ...

Income Tax Commissioner Rejects 1981 Valuation of Wells and Roads; Assessee's Conservative Investing Under Scrutiny.

June 23, 2020

Case Laws Income Tax AT

Cost of acquisition - CIT(A) not accepting the value of wells, Baories and roads as on 01.04.1981 - The assessee may be a conservative investor and may not have invested in mutual funds, stock market or private equity, however, the same cannot be held against him unless the considerations as stated above are examined in detail.

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Cost of acquisition - CIT(A) not accepting the value of wells, ...

Income Tax Commissioner Rejects 1981 Valuation of Wells and Roads; Assessee's Conservative Investing Under Scrutiny.

June 23, 2020

Case Laws Income Tax AT

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