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
Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Computation of capital loss -amounts accruing, during the ...

Income Tax

May 18, 2015

Computation of capital loss -amounts accruing, during the assessment year, to the assessee from bonds issued to it, by the Central Government, in lieu of the debt amounts payable to it for services under contract to the Iraqi Government - not a capital loss - HC

View Source

 


 

You may also like:

  1. Accrual of income on government bonds - 8% GOI Bonds - interest for the period from 1/4/2006 to 31/3/2006 would only accrue on 30th June as per the scheme - AT

  2. Bond issue expenses – Revenue or capital - The business had commenced much earlier and not during the year. - expenditure is revenue in nature - HC

  3. Bond issue expenses - Capital or revenue in nature - held as revenue expenditure - AT

  4. Central Government notifies transfer of capital asset from NTPC Limited u/s 47(viiaf) - Notification

  5. Capital Gain - Transfer u/s 2(47)(v) - assessment year - AO himself has given credit for the amount of capital gains declared for the assessment year 2013-14, while...

  6. Assessment of trust - Addition of capital gains - Capital gain addition on sale of land by the assessee, as per section 45 r.w.s 2(47) to the extent remaining unutilized...

  7. Central Government makes the directions giving effect to the E-assessment Scheme, 2019

  8. Loss on account of REPO price adjustments - provision versus accrued liability - assessee company has followed the guidelines issued by the RBI - deduction allowed - AT

  9. Nature of loss - commercial expediency - provisions of diminution of Government of India Fertilizer Bonds [GoI Bonds] - the loss incurred due to the diminution in the...

  10. Nature of loss - business loss or short term capital loss - the fact remains that the assessee is engaged in property development business and developing residential...

 

Quick Updates:Latest Updates