Thursday, September 24, 2020

ITAT deletes addition of alleged Long-Term Capital Gains and estimated commission as revenue failed to dislodge assessee’s claim [Read Order]

The Income Tax Appellate Tribunal (ITAT) deleted the addition of alleged long-term Capital Gains and estimated commission as revenue failed to dislodge assessee’s claim. The assessees being resident individuals is stated to be director and partner in the Vardhman Group of Companies and firms which carries on the business as Builders & Developers, granting of […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2RXhTAR

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