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Income Tax - Highlights / Catch Notes

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Penalty u/s 271(1)(c) - disallowance u/s 94(7) - short-term ...


Penalty Confirmed for Disallowance of Short-Term Capital Loss u/s 94(7) and Section 271(1)(c) on Share Transactions.

March 5, 2020

Case Laws     Income Tax     AT

Penalty u/s 271(1)(c) - disallowance u/s 94(7) - short-term capital loss on sale of shares where dividend has been received - transactions in certain securities - levy of penalty confirmed - AT

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