Taxability u/s 45(5)(b) – Transfer of capital asset - the ...

Capital asset transfer compensation taxable as "capital gains" in the transfer year under Income Tax Act Section 45(5)(b).

July 29, 2014

Case Laws Income Tax HC

Taxability u/s 45(5)(b) – Transfer of capital asset - the compensation awarded in the first instance would continue to be chargeable as income under the head “capital gains”, in the previous year in which the transfer took place - HC

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Taxability u/s 45(5)(b) – Transfer of capital asset - the ...

Capital asset transfer compensation taxable as "capital gains" in the transfer year under Income Tax Act Section 45(5)(b).

July 29, 2014

Case Laws Income Tax HC

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