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Case restored to AO as additional evidence filed before ITAT was relevant to decide allowability of impugned exp.
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Corporate Tax
Case restored to AO as additional evidence filed before ITAT was relevant to decide allowability of impugned exp.
Posted on
on
April 15, 2015
Tenet Tax Daily April 11 2015
By
tenettax-team
Corporate Tax
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Date of allotment of land would be its date of acquisition and not the date of sale deed to compute capital gains
Capital gain accrues on relinquishment of rights in land to developer to get constructed area
