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Capital Gains Reclassified as Dividend Does Not Trigger Penalty: ITAT Mumbai
20 Aug 2026 · 20 Aug 2026By CA Sandeep Kanoi
ITAT Mumbai deletes section 270A penalty where returned and assessed income remained unchanged despite reclassification from capital gains to dividend income. The post Capital Gains Reclassified as Dividend Does Not Trigger Penalty: ITAT Mumbai appeared first on TaxGuru .
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