section 48

  • Income Tax

Disallowance of land filling expenses right as except contractor bills no evidence produced

Disallowance towards land filling expenses was right as except contractor bills no other evidence was produced - ITAT In a…

2 months ago
  • Income Tax

Consideration used in section 48 does not have any reference to market value

Consideration used in section 48 does not have any reference to market value but only to consideration referred to in…

9 months ago
  • Income Tax

Sale of property mortgaged to bank held liable to capital gain tax. Encumbrance not deductible u/s 48

Sale of property mortgaged to bank liable to capital gain tax. Encumbrance created as a guarantee by assessee not deductible…

5 years ago
  • Income Tax

Damages paid for violation of agreement to sell allowed as incurred in connection with the transfer for computing LTCG

Damages paid for violation of agreement to sell allowed as incurred in connection with the transfer of property for computing…

6 years ago