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Income Tax - Highlights / Catch Notes

Home Highlights February 2023 Year 2023 This

Taxation of capital gain - claim of reduced rate of tax @10% was ...


Taxpayer Qualifies for 10% Reduced Tax Rate on Capital Gains Even Without Claiming It in Their Tax Return.

February 25, 2023

Case Laws     Income Tax     AT

Taxation of capital gain - claim of reduced rate of tax @10% was not made in the return of income - the assessee is eligible to be taxed at the reduced rate of 10% in respect of the aforesaid capital gains, even if such claim was not made in the return of income - AT

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