Tax Exemption judiciary-2

Reopening not permissible on the ground of expense which was not claimed by Assessee

Sandip Bhikhubhai Padsala Vs. ITO & Anr. (Gujarat High Court)

Assessee sold 3,10,000 shares and claimed resulting gains as exempt under section 10(38). AO denied the exemption on the ground that as the shares were not held by the assessee for more than 12 months period, therefore, same could not be considered as long-term capital assets. ...

Read More

Browse All Categories

CA, CS, CMA (4,353)
Company Law (5,139)
Custom Duty (7,476)
DGFT (4,040)
Excise Duty (4,274)
Fema / RBI (3,887)
Finance (4,045)
Income Tax (31,132)
SEBI (3,232)
Service Tax (3,477)

Search Posts by Date

November 2019
M T W T F S S
« Oct    
 123
45678910
11121314151617
18192021222324
252627282930