3 results for “capital gains”+ Section 271Aclear
Sorted by relevance
In the result, the quantum appeal of assessee is partly allowed for statistical purposes and penalty appeal of assesse is allowed
Bench: Shri Vijay Pal Rao & Shri B.M. Biyani
section 68 of the income tax act. 6.4. The appellant has now submitted that it has received business income and transfers from other banks of self. However, the appellant was not able to prove the same on the basis of cashbook and details of cash sales, etc. The remand report also states that the claim made by the appellant cannot