Disallowing the claim of capital loss incurred by the appellant ...

Appellant's Capital Loss Claim Allowed Despite Unchanged Share Face Value Due to Investee's Capital Reduction Under Tax Provisions.

December 6, 2018

Case Laws Income Tax AT

Disallowing the claim of capital loss incurred by the appellant due to reduction of capital by the investee company - transfer u/s 2(47) - face value of shares remains the same - assessee’s claim for capital loss on account of reduction in share capital in ANNPL is allowable

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Disallowing the claim of capital loss incurred by the appellant ...

Appellant's Capital Loss Claim Allowed Despite Unchanged Share Face Value Due to Investee's Capital Reduction Under Tax Provisions.

December 6, 2018

Case Laws Income Tax AT

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