The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the law does not prohibit the Share Purchase in cash. The assessee, in her return for the relevant assessment year, claimed exempt income u/s 10 (38) of the Act in respect of long term capital gain derived from the sale of listed […]
The post Law does not Prohibit Share Purchase in Cash: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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