ITAT directs Re adjudication with respect to  Denial of LTCG incurred from Sale of Shares without Analyzing Proper Evidence [Read Order]

By Aparna. M - On March 25, 2024 3:19 pm - 2 mins read
ITAT Mumbai - ITAT - Income Tax - Sale of Shares - LTCG on Shares Sale ITAT Direction - ITAT Shares Sale LTCG Evidence - Taxscan

The Mumbai bench Income Tax Appellate Tribunal ( ITAT ) directs re adjudictaion with respect to the denial of Long Term Capital Gain ( LTCG ) incurred from the sale of shares without analyzing proper evidence. The assessee Rajesh Lakhmshi Nisar is engaged in the business. After filing the return of income, the assessee case…

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