65 results for “capital gains”+ Section 270A(6)(a)clear
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In the result, the appeal of the assessee is allowed
Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member)
capital gain. During the course of assessment proceedings it is found that the assessee has claimed some of the expenses in the profit and loss account under the head advertisement and publicity, car expenses, entertainment, general expenses, scooter expenses, travelling expenses and building repair and maintenance are not properly vouched. In view of the above, an amount of Rs.2