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Income Tax - Highlights / Catch Notes

Home Highlights August 2021 Year 2021 This

Investment in immovable property - co-ownership - 50% addition - ...


Court Rules 50% Property Addition Unjustified; Payment Made Solely by Assessee's Husband in Co-Ownership Case.

August 16, 2021

Case Laws     Income Tax     AT

Investment in immovable property - co-ownership - 50% addition - the entire payment of sale consideration of flat in dispute was paid by the husband of assessee - additions in the hand of the assessee is not justified - AT

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