Whether the scope of assessment U/s 153A could be broadened U/s 263 to include a re-calculation of LTCG pursuant to section 50C in cases where the original assessments remained unabated?   Here is an analytical decision of the Kolkata Tribunal in the case of Arati Ray, Mallika Ray and Samit Ray on the applicability of…

The post Whether the scope of assessment U/s 153A could be broadened U/s 263 to include a re-calculation of LTCG pursuant to section 50C in cases where the original assessments remained unabated? appeared first on The Tax Talk.

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