ITAT rightly computed the capital gains by adopting the rate of acquisition at Rs.200: Karnataka HC grants relief to Intel [Read Judgment]

The Karnataka High Court, while ruling in the favour of the assessee, Intel Capital (Cayman) Corporation held that the ITAT rightly computed the capital gains by adopting the rate of acquisition at Rs.200. The assessee, Intel Capital (Cayman) Corporation is a non-resident company. The company filed its return of income for Assessment Year 2008-09 by […]

from Taxscan | Simplifying Tax Laws https://ift.tt/353odgi