Capital gain
SELVARANI (STUDENT) (29 Points)
13 March 2017
Whether the Release deed attracts capital gain tax as it is transferred for the consideration?
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178226 Points)
Replied 13 March 2017
YES. (Inference ITA No. 173/Bang/2014 of Mrs. Shalini Arvind Vs. ITO and 362 ITR 565 CIT vs. R Nagaraja Rao)
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