The ITAT found the AO's valuation incorrect, emphasizing that FMV must be determined on the date of transfer, leading to the restoration of the long-term capital loss for the ...
The Tribunal directed AO to compute Section 14A disallowance only for investments generating exempt income, following Rule 8D. The decision reinforces the need for precise calculation of disallowances ...
Combining ECC and NNN investments can boost returns, reduce volatility, and balance risk. Here's what income investors need ...