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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Capital gains - calculation of number of trees - The evidence ...


Court Recognizes Jamabandi as Valid Evidence for Capital Gains Calculation Over Certificates from Tehsildar or Retired IAS Officer.

March 10, 2016

Case Laws     Income Tax     AT

Capital gains - calculation of number of trees - The evidence filed by the assessee in terms of certificate of Tehsildar or that of a retired IAS officer is of no evidentiary value, specially in the presence of Jamabandi, which is an actual proof of land holding and cultivation thereon. - AT

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