Case Law Details
Case Name : Sai Pragathi Estates & Constructions Private Limited Vs ITO (ITAT Hyderabad)
Related Assessment Year : 2009-2010
Courts :
All ITAT ITAT Hyderabad
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Sai Pragathi Estates & Constructions Private Limited Vs ITO (ITAT Hyderabad)
ITAT Hyderabad Holds Developer Not an “Agent” of NRI u/s 163; Capital Gains on Developer’s Share Cannot Be Taxed in Its Hands
The Hyderabad Bench of the ITAT allowed the assessee’s appeal for AY 2009-10 and deleted the addition made by treating the developer company as an “agent” of an Please become a Premium member. If you are already a Premium member, login here to access the full content.
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