Wednesday, May 19, 2021

Sum received on settlement of case of property usurped by relatives is taxable as capital gain; SC dismissed

INCOME TAX : SLP dismissed against impugned order of High Court holding that consideration received on settlement of case of property usurped by relatives was taxable as capital gain

from www.taxmann.com Latest Case Laws https://ift.tt/3yvTXcb
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

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...