Penalty 271(1)(c) STCG claimed as LTCG

  • Income Tax

Penalty 271(1)(c) for claiming Short Term Capital Gain STCG as Long Term Capital Gain LTCG and deduction us 54F quashed by the ITAT

Penalty 271(1)(c) for claiming STCG as LTCG and deduction us 54F quashed by the ITAT holding that if the assessee had not concealed…

8 years ago