Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

land acquired through power of attorney

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... land acquired through power of attorney, is sold through registered deed, whether this transaction is valid for calculating capital gain under income tax act. - Reply By Ganeshan Kalyani - The Reply .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... = Sir, transfer of title and receipt of consideration is the element to work out capital gain. The mode of transfer is not given in the Income Tax Act. Thanks - Reply By satbir singh wahi - The Rep .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ly = Sir Thks But the IT dept says that you have acquired land though power of attorney and agreement , which is not right so benefit of LTCG be not given. Though we had possession and rental inco .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... me was also declared for four years and then sold . - land acquired through power of attorney - Query Started By: - satbir singh wahi Dated:- 24-7-2016 Income Tax - Got 2 Replies - Income Tax - Dis .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates