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Income Tax - Highlights / Catch Notes

Home Highlights September 2020 Year 2020 This

Power of CIT(A) in exercising power u/s 250(4) to accept remand ...


Income Tax Appeals: Remand Report Acceptance Includes Long-Term Capital Gains and Other Income Sources u/s 250(4.

September 19, 2020

Case Laws     Income Tax     HC

Power of CIT(A) in exercising power u/s 250(4) to accept remand report with regard to income as well as claim of expenditure made by assessee - if the Remand Report is accepted with regard to long term capital gains, then addition as income from other sources and income from other sources is also accepted, therefore, the question of law framed in this regard namely, substantial questions of law No.3, 4, 5 and 8 do not arise for consideration in this appeal - HC

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