TMI BlogSection 147 Reassessment Deemed Unfair for Targeting Legal Representative with Disproportionate Tax on Shared Property Gains.Reopening of assessment u/s 147 - Taxability of capital gains in the capacity of a Legal Representative of deceased assessee [mother] - one of the co-owners is solely picked out - it would be travesty of justice if one of the co-owners is solely picked out and an enhanced income for the same property is attributed in his hands. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|