2 results for “section 68”+ Section 40A(3)clear
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Bench: : The Hon’Ble Justice T.S. Sivagnanam
68,727/- was paid. The assessee had set off this loss of the profit earned from the sale of the land along with the development rights which was sold at a price of Rs.30 Crore. The Assessing Officer called upon the assessee to substantiate the loss. In response to the 3 same, the ledger copy of the stock broker namely