Calculation of Capital Gain - Non-Resident - Applicability of ...

Tribunal Orders Reassessment of Capital Gains Valuation, Addressing Brokerage and Stamp Duty Discrepancies.

March 28, 2024

Case Laws Income Tax AT

Calculation of Capital Gain - Non-Resident - Applicability of section 144C - eligible assessee - The appellant contested the rejection of their valuation report and the adoption of circle rates, arguing that the valuation report should have been relied upon. Discrepancies in the calculation of capital gains, particularly concerning brokerage expenses and stamp duty, were also highlighted. The Tribunal found merit in several of the appellant's arguments, directing the AO to reconsider certain aspects and providing relief to the appellant.

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Calculation of Capital Gain - Non-Resident - Applicability of ...

Tribunal Orders Reassessment of Capital Gains Valuation, Addressing Brokerage and Stamp Duty Discrepancies.

March 28, 2024

Case Laws Income Tax AT

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