94 results for “capital gains”+ Section 132(4)clear
Sorted by relevance
Key Topics
Showing 1–20 of 94 · Page 1 of 5
In the result, all the appeals filed by the assessee are dismissed
Bench: Shri Inturi Rama Rao & Shri Prakash Chand Yadav
132 of the Income Tax Act [hereinafter referred to as the "I.T. Act"] was conducted at the residence of the Sri Jose Thomas, Smt.Gracy Babu and Sri.P.J.Paulose on 04.03.2009 and certain documents were seized. An unsigned draft agreement dated 23.02.2009 was found which indicated that the amount envisaged for settlement of liability was Rs.43.50 crores and that the value