Case Law Details
Case Name : Mukta Gupta Vs ITO (ITAT Delhi)
Related Assessment Year : 2014-15
Courts :
All ITAT ITAT Delhi
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Mukta Gupta Vs ITO (ITAT Delhi)
Conclusion: Long-term capital gains on sale of shares could not be treated as bogus on the reason that the price of these shares had risen manifolds and the reason for astronomical rise was not related to any fundamentals of market. Once the transactions were duly proved by trading from stock exchange, then to hold the gain arising from sale of shares as unexplained credit or as unexplained money could not be upheld.
Held: Assessee-HUF which carried out business of trading in iron and steel, had claimed exemption u/s.10(38) on long term capital gain (LTCG) resul...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
AUTO GSTR 2 A ATTACHED HOW RECTFY PLEASEriod Tax liability as per GSTR-1 and as per GSTR-3B ITC claimed in GSTR-3B and accrued as per GSTR-2A
As per GSTR-1 (₹) As per GSTR-3B (₹) ITC Claimed in GSTR-3B (₹) ITC as per GSTR-2A (₹)
July-17 63,387.66 63,387.00 72,073.00 94,033.37
August-17 1,62,120.24 1,65,637.00 1,65,549.00 1,70,104.22
September-17 1,40,403.00 1,40,406.00 1,57,306.00 3,22,835.47
October-17 1,16,725.10 1,16,726.00 1,22,149.00 1,14,778.16
November-17 1,01,268.70 1,01,268.00 96,485.00 93,202.76
December-17 82,902.50 82,904.00 88,194.00 1,02,938.56
January-18 1,44,929.00 0.00 0.00 89,251.36
February-18 0.00
March-18 1,99,066.84
Total 8,11,736.20 6,70,328.00 7,01,756.00
riod Tax liability as per GSTR-1 and as per GSTR-3B ITC claimed in GSTR-3B and accrued as per GSTR-2A
As per GSTR-1 (₹) As per GSTR-3B (₹) ITC Claimed in GSTR-3B (₹) ITC as per GSTR-2A (₹)
July-17 63,387.66 63,387.00 72,073.00 94,033.37
August-17 1,62,120.24 1,65,637.00 1,65,549.00 1,70,104.22
September-17 1,40,403.00 1,40,406.00 1,57,306.00 3,22,835.47
October-17 1,16,725.10 1,16,726.00 1,22,149.00 1,14,778.16
November-17 1,01,268.70 1,01,268.00 96,485.00 93,202.76
December-17 82,902.50 82,904.00 88,194.00 1,02,938.56
January-18 1,44,929.00 0.00 0.00 89,251.36
February-18 0.00
March-18 1,99,066.84
Total 8,11,736.20 6,70,328.00 7,01,756.00