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1 result for “capital gains”+ Section 54Gclear

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Key Topics

Section 54G7

RAKO MERCANTILE TRADERS,LUCKNOW vs. DEPUTY COMMSSIONER OF INCOME TAX, RANGE- 4, LUCKNOW

In the result, the appeal of the assessee stands dismissed

ITA 693/LKW/2018[2013-14]Status: DisposedITAT Lucknow08 Mar 2019AY 2013-14

Bench: Shri A. D. Jain & Shri T. S. Kapoorassessment Year:2013-14

Section 143(3)Section 54G

section 54G shows that exemption u/s 54G is on Capital Gain arising on transfer of a Capital Asset (which can be in nature