45 results for “capital gains”+ Section 149clear
Sorted by relevance
Key Topics
Showing 1–20 of 45 · Page 1 of 3
Bench: Shri A. T. Varkey, Jm]
149(1)(b) of the Act, it is imperative that the Assessing Officer, in his reasons, should also state that the escaped income is likely to be Rs.1 lac or more, which is an essential ingredient for seeking the approval and satisfaction that is to be recorded by the Competent Authority under Section 151 of the Act. Consequently, before taking