Addition u/s 69 - loss on the sale of shares of Swarsarita Gems ...

Section 69 Addition on Swarsarita Gems Shares Sale Deemed Unwarranted; Revenue Authority's Action Reversed for Wrong Assessment Year.

June 23, 2022

Case Laws Income Tax AT

Addition u/s 69 - loss on the sale of shares of Swarsarita Gems Limited - Year of assessment the AO has determined the income under the provisions of section 69 with respect to the transactions carried out by the assessee in the earlier year and not in the year under consideration. The act of the revenue authorities is unwarranted under the provisions of law. - Additions deleted - AT

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Addition u/s 69 - loss on the sale of shares of Swarsarita Gems ...

Section 69 Addition on Swarsarita Gems Shares Sale Deemed Unwarranted; Revenue Authority's Action Reversed for Wrong Assessment Year.

June 23, 2022

Case Laws Income Tax AT

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