60 results for “capital gains”+ Section 41(2)clear
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Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Blem/S. The Sri Gowri Vs. Pr.Cit-1, Co-Operative Society, Visakhapatnam. D.No.49-34-32/1, Konathala Complex, Akkayyapalem Main Road, Visakhapatnam. Pan No. Aaaat 8140 M (Appellant) (Respondent)
41,002/-, the same is claimed as deduction u/sec.80P(2)(a)(i) of the Act. The Assessing Officer after calling various information from time to time and also after examining the evidence in respect of deduction u/sec. 80P(2)(a)(i), allowed the claim made by the assessee. Subsequently, ld.Pr.CIT by exercising powers conferred on him u/sec