Top Tweets for #IncomeTaxJudgment
Calcutta High Court ruled Section 263 cannot be invoked where AO adopts a plausible view treating unlisted share gains as LTCG, as revision requires both error and prejudice to revenue.
#Section263 #LTCG #IncomeTaxJudgment
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Even single transaction constitute business u/s 2(13) of Income Tax Act #Incometax #Incometaxjudgment #ITAT #TaxNews #TaxUpdates https://t.co/sEOk14EnCs
Expenditure for earning interest income allowed u/s 57(ii) as nexus between loan taken and amount invested in FDR not was doubted #IncomeTax #ITAT #IncomeTaxJudgment https://t.co/t5dpGgwpoU
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