Income Tax | Capital Gains Cannot Be Taxed in Power of Attorney Holder’s Hands Without Ownership Verification: ITAT Patna
ITAT Patna remands ₹68.98 lakh JDA capital gains assessment to CIT(A) to verify the assessee’s claim that he acted only as the landowner’s attorney. The post Capital Gains Cannot Be Taxed in Power of Attorney Holder’s Hands Without Ownership Verification: ITAT Patna appeared first on TaxGuru .
Attribution
Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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