F&O Loss Set-Off

Son Transferred Shares Worth Rs. 96.32 Crore to Mother’s Demat Account as ‘Loan’; ITAT Upholds Capital Gains Tax on Transfer The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) dismissed the cross appeals filed by the Revenue and the assessee, Gurpreet Singh Dhillon, for Assessment Year 2013-14. The dispute primarily related to the taxability…