Genuineness Of Company Is Not Dependent On Magnitude Of Profit: Kolkata ITAT Upholds Disallowance Of LTCG

The Kolkata ITAT confirmed the CIT(A)'s order upholding disallowance of claim of long-term capital gain exemption u/s 10(38) of Income tax Act, 1961 by stating that genuineness of the company is not...

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Kolkata , West Bengal , India , , Honble Jurisdictional High Court , Rajpal Yadav , Girish Agrawal , Accountant Member , Hon Ble Jurisdictional High Court , Income Tax , Kolkata Itat , Long Term Capital Gain , Enuineness Of Company , Ltcg ,