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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
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Corporate Tax
Date of allotment of land would be its date of acquisition and not the date of sale deed to compute capital gains
Posted on
on
April 15, 2015
Tenet Tax Daily April 10 2015
By
tenettax-team
Corporate Tax
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Sec. 234C interest to be computed considering date of presentation of cheque of tax payments & not its clearing date
Case restored to AO as additional evidence filed before ITAT was relevant to decide allowability of impugned exp.
