Alternate statutory remedy governs GST assessment challenge, with statutory appeal preserved and limitation objection barred for the permitted filing ...
Genuineness of short term capital loss and set off with LTCG - on the basis of same documents neither purchase of CCDs nor sale of CCDs to related concerns are doubted but the pricing is doubted - If the same are to be treated as different, then the onus is on the revenue to prove it, which has not been proved by the revenue - STCG loss is genuine loss and cannot be construed as a colorable device
Genuineness of short term capital loss and set off with LTCG - on the basis of same documents neither purchase of CCDs nor sale of CCDs to related concerns are doubted but the pricing is doubted - If the same are to be treated as different, then the onus is on the revenue to prove it, which has not been proved by the revenue - STCG loss is genuine loss and cannot be construed as a colorable device
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