Friday, July 20, 2018

Grant of easement rights to be construed as transfer for purpose of capital gains: ITAT

IT: Grant of licence of easement rights resulted in transfer as envisaged under section 2(47) and, thus, capital gains arising therefrom taxable on accrual basis irrespective of actual receipt of consideration

from www.taxmann.com Latest Case Laws https://ift.tt/2uEDSBm

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...