Case Law Details
Case Name : Devanur Thimmasetty Srinivasa Vs ITO (Karnataka High Court)
Related Assessment Year : 2015-16, 2016-17
Courts :
All High Courts Karnataka High Court
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Devanur Thimmasetty Srinivasa Vs ITO (Karnataka High Court)
Assessment order taking entirety of the sale consideration without taking note of the indexed cost of acquisition. is liable to set-aside- Karnataka HC
In a recent ruling, the Karnataka High Court quashed an income tax reassessment order and notice issued to the petitioner where the full sale consideration was considered in calculating capital gains without applying an indexed cost adjustment.
Petitioner submitted that he did not participate in the proceedings as he was not informed by his ac
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.