ITAT directs to compute Income earned from Sale of Property u/s 45(2) of Income Tax Act [Read Order]
In a recent case the chennai ITAT directed to compute income earned from the sale of property under Section 45(2) of the Income Tax Act, 1961
By Aparna. M - On March 22, 2024 10:02 pm - 2 mins read
The Chennai bench Income Tax Appellate Tribunal ( ITAT ) directed to compute income earned from sale of property under Section 45(2) of the Income Tax Act, 1961. The Assessee Dharani Developers Private Limited is engaged in the business of property development. During the course of assessment proceedings, the Assessing Officer asked the assessee to explain…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
