The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) quashed the addition made by the Assessing Officer (AO) on account of capital gain on the ground of wrongful initiation of proceedings under section 148 of the Income Tax Act,1961. Ickon Projects, the appellant assessee was firm and purchased a piece of land measuring 52152…
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
- Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
₹1199 + GST for 1 year
Subscribe Now
Already Subscribed?
Login Now 
