Disallowance of exemption of Capital Gains u/s 54 - exemption ...

Capital Gains Exemption u/s 54: Court Rejects Rigid Interpretation, Favors Pragmatic Approach to Tax Incentives.

February 18, 2016

Case Laws Income Tax AT

Disallowance of exemption of Capital Gains u/s 54 - exemption with respect to advance received as per the agreement to sell - sale deed was executed during the subsequent year - a hyper technical approach cannot be adopted to an incentive granting provision - AT

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Disallowance of exemption of Capital Gains u/s 54 - exemption ...

Capital Gains Exemption u/s 54: Court Rejects Rigid Interpretation, Favors Pragmatic Approach to Tax Incentives.

February 18, 2016

Case Laws Income Tax AT

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