Once capital gain taxed in hands of individual member of society, same cannot be taxed again in the hands of…
Allowable Cost of construction when only first floor of house was sold as per registry to reduce the stamp duty.…
Capital gain to be computed first applying exemption and then provisions for set off of capital loss ABACUS Case Law…
Land received on HUF partition was itself stock in trade, hence there was no conversion of capital assets u/s 45(2)…
Execution of sale deed by order of High Court would relate back to the date of original agreement to sale…
In a recent judgment, ITAT Delhi has held that land possession given and major sales consideration received through unregistered agreement to…