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Case Law Details

Case Name : Hem Chandra R. Gavankar Vs ITO (ITAT Mumbai)
Appeal Number : ITA No. 7451/Mum/2017
Date of Judgement/Order : 30/11/2018
Related Assessment Year : 2006-07
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Hem Chandra R. Gavankar Vs ITO (ITAT Mumbai)

Introduction: The recent decision of the Income Tax Appellate Tribunal (ITAT) Mumbai in the case of Hem Chandra R. Gavankar highlights the denial of capital gain exemption for investments made in the names of the assessee’s wife and daughter

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