Penalty u/s. 27(1)(c) - conversion of business loss into capital ...

Income Tax

August 24, 2015

Penalty u/s. 27(1)(c) - conversion of business loss into capital loss and in adoption of higher rate for shares sold - though the assessee has not preferred any quantum appeal, we do not find it appropriate to levy of penalty - AT

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Penalty u/s. 27(1)(c) - conversion of business loss into capital ...

Income Tax

August 24, 2015

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