Sunday, December 9, 2018

Capital Gain Taxable when accrued to Assessee: ITAT [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the capital gain is taxable under the Income Tax Act, 1962 when the same is accrued to the assessee for the relevant period. The return filed by the assessee, a contractor, was selected for scrutiny. During the proceedings, the Assessing Officer found […]

The post Capital Gain Taxable when accrued to Assessee: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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