Case Law Details
Case Name : Growth Avenue Securities Pvt. Ltd. Vs DCIT (ITAT Delhi 'I' Bench)
Appeal Number : ITA No. 3912/Del/2005
Date of Judgement/Order : 22/05/2009
Related Assessment Year :
Courts :
All ITAT ITAT Delhi
Sponsored
RELEVANT PARAGRAPH
16. In the present case, it is not in dispute that the long term capital gain earned by the assessee is included in the net profit determined as per P&L account prepared as per Part II and Part
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.
Company sold an old fixed asset having nominal value in books, resulted in long term capital gain as wells as MAT?
Whether the company has to pay both the long term capital gain tax and MAT simultaneously?