Computation of Capital Losses - the statutory provisions do not ...

Income Tax

November 3, 2021

Computation of Capital Losses - the statutory provisions do not empower Ld. AO to substitute actual consideration received by the assessee with hypothetical sale consideration. The consideration which never accrued or which was never received by the assessee could not be brought to tax as capital gains or business income - AT

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Computation of Capital Losses - the statutory provisions do not ...

Income Tax

November 3, 2021

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