Capital gain
SELVARANI (STUDENT) (29 Points)
13 March 2017
Whether the Release deed attracts capital gain tax as it is transferred for the consideration?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170114 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)
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
