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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Diminution of value of shares - the amount that is to be taxed ...


Shares' Value Drop Taxed on Real Income Using Consistent Accounting by Taxpayer in Case.

October 14, 2016

Case Laws     Income Tax     AT

Diminution of value of shares - the amount that is to be taxed is the real income which is to be deducted on the basis of the accounting system regularly maintained by the assessee and that was done by the assessee in the present case - AT

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