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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Addition u/s 68 - LTCG by entering into off market transaction ...

Income Tax

June 7, 2019

Addition u/s 68 - LTCG by entering into off market transaction of shares - the transaction which has been concluded within four corners of Law cannot be treated as colorable device unless the revenue brings any material to prove such an allegation - the price at which the shares were sold had been not only intimated to the SEBI and Calcutta Stock Exchange but also approved by the SEBI- no addition

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