#Capital Gain
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1,647 articlesIncome Tax

Income Tax
Income from relinquishment of right in property is capital gain
Income Tax

Income Tax
Agricultural Land is not Capital Asset if not within notified area & no capital gain on transfer of such land
Income Tax

Income Tax
Exemption U/s. 54EC on sale of depreciable assets held for more than 36 months
Income Tax

Income Tax
Cost of lease-hold land can’t be taken as NIL as same is not covered by sec. 55(2)(a)
Income Tax

Income Tax
Relinquishment of tenancy right not chargeable to capital gain tax for A.Y. 1986-87, if Cost cannot be ascertained
Income Tax

Income Tax
Amalgamation not comes within scope of transfer u/s. 2(47)
Income Tax

Income Tax
Payment for relinquishment of fabricated tenancy rights could not be considered in computing capital gain
Income Tax

Income Tax
Full value of consideration could not be substituted by market price if bona fide of the transaction not suspected
Income Tax

Income Tax
Loss on sale of partly convertible debentures is short-term capital loss
Income Tax

Income Tax
Asessee can claim Deduction of Interest on Housing Loan Both u/s. 24(b) & 48
Income Tax

Income Tax
Amendments to Capital Gains Accounts Scheme, 2012
Income Tax

Income Tax
Full value of consideration cannot be substituted by market value unless there is a proof for extra consideration
Income Tax

Income Tax
Despite deferment of Consideration capital gain taxable in the year of transfer
Income Tax

Income Tax
