Wednesday, November 28, 2018

Provisions of S. 269SS not applicable to Loan Transaction between Husband and Wife: ITAT [Read Order]

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the provisions of section 269SS of the Income Tax Act will not be applicable to loan transaction between husband and wife. While completing assessment against the assessee, the Assessing Officer found that the assessee has shown loan of Rs. 88,00,000/- from his […]

The post Provisions of S. 269SS not applicable to Loan Transaction between Husband and Wife: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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