TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of The assessee was granted the benefit of cost inflation index for computing long-term capital gains on sale of shares of a foreign company. The Tribunal held that the second proviso to Section 48 does not distinguish between assets held in India and foreign countries for allowing indexation benefit. Accordingly, the Assessing Officer was not justified in denying indexation benefit to the assessee. The CIT(A)'s order was affirmed and the Revenue's appeal was dismissed.
TaxTMI 
TaxTMI 
