Case Law Details
Case Name : Pawan Kumar Agarwal Vs CIT (ITAT Kolkata)
Related Assessment Year : 2012-13
Courts :
All ITAT ITAT Kolkata
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Pawan Kumar Agarwal Vs CIT (ITAT Kolkata)
Introduction: The case of “Pawan Kumar Agarwal vs CIT” revolves around the applicability of the concessional tax rate under section 115E of the Income-tax Act, 1961. The key issue was whether the rate of 10% on capital gains derived from specified assets, acquired out of convertible foreign exchange, is applicable when the money was deposited in Indian rupees and not in foreign exchange. This analysis delves into the arguments presented, the tribunal’s interpretation, and the o
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.