LTCG OR business income - entitlement to exemption u/s 54F - ...

Income Tax

March 12, 2024

LTCG OR business income - entitlement to exemption u/s 54F - Disallowance u/s 14A r.w.r. 8D - Tribunal decided in favor of the assessee for the treatment of income as capital gains, citing past precedents and evidence supporting the nature of investments. However, they partly allowed the appeal concerning disallowance of administrative expenses due to lack of justification.

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LTCG OR business income - entitlement to exemption u/s 54F - ...

Income Tax

March 12, 2024

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