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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Computation of capital gain - ITAT is not justified in ...


ITAT's Decision on FAR Transfer and Income Accrual Deemed Unjustified, Affecting Capital Gain Calculation.

July 15, 2015

Case Laws     Income Tax     HC

Computation of capital gain - ITAT is not justified in concluding that there is no transfer of FAR during the relevant year - Tribunal is also not justified in holding that no income has accrued during the year as no construction has taken place relating to such FAR - HC

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