Thursday, February 12, 2015

[aaykarbhavan] Addition upheld on firm for suppressing value of property sold to partner who admitted receipt of higher sum



 

Addition upheld on firm for suppressing value of property sold to partner who admitted receipt of higher sum

February 12, 2015[2015] 54 taxmann.com 27 (Karnataka)
IT: In view of market value of property at Rs. 62.38 lakh, assessee's admission of receipt of Rs. 65 lakh as sale consideration was to be upheld
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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