No capital gains if possession of land wasn’t transferred due to termination of agreement to sell: ITAT

INCOME TAX I : While computing amount of disallowance under section 43B in respect of VAT and excise duty payable by assessee, revenue authorities were not justified in adding back closing balance of earlier year that was brought forward to tear under considerationINCOME TAX I : While computing amount of disallowance under section 43B in respect of VAT and excise duty payable by assessee, revenue authorities were not justified in adding back closing balance of earlier year that was brought forward to tear under considerationwww.taxmann.com Latest Case LawsRead More

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