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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Enhancement of amount by way of loss claimed on valuation of ...


CIT(A) Can Increase Loss Amount on Share Valuation; Assessee's Objections Overruled, Authority Affirmed.

August 6, 2018

Case Laws     Income Tax     AT

Enhancement of amount by way of loss claimed on valuation of certain shares by the Ld.CIT(A) - CIT(A) has power to enhance and accordingly the contentions of assessee on this issue are rejected.

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