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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Addition under the head capital gain - whether the assessee has ...


Taxpayer's Capital Gains Additions Confirmed: Cost of Building Improvements and Unexplained Cash Credit u/s 68 Upheld.

December 18, 2018

Case Laws     Income Tax     AT

Addition under the head capital gain - whether the assessee has incurred the cost of improvement as discussed above on the building partly owned by him? - Addition of unexplained cash credit u/s 68 - There is a contradictory statement of the assessee before the authorities below and before us - Additions confirmed.

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