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![Sale of Shares in a Pvt Company by Assessee to Son in order to Book Losses so as to set-off Capital Gain from Sale of Property can’t be treated as Sham Transaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Capital-Gain-Sale-of-SHares-Taxscan.jpg "Sale of Shares in a Pvt Company by Assessee to Son in order to Book Losses so as to set-off Capital Gain from Sale of Property can’t be treated as Sham Transaction: ITAT [Read Order]")
Sale of Shares in a Pvt Company by Assessee to Son in order to Book Losses so as to set-off Capital Gain from Sale of Property can’t be treated as Sham Transaction: ITAT [Read Order]
Recently, a two-member bench of Income Tax Appellate Tribunal ( ITAT ) at Mumbai in Madhu Sarda vs. Income Tax Officer held that merely because...