Merely because the possession of the property has been taken ...

Buyer Still Liable for Capital Gains Tax Despite Property Repossession for Non-Payment; Obligation Stands When Deal Completes.

May 11, 2016

Case Laws Income Tax AT

Merely because the possession of the property has been taken back by the seller on account of non payment of part of the consideration cannot save capital gain in the hands of the assessee when subsequently the same agreement was honoured. - AT

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Merely because the possession of the property has been taken ...

Buyer Still Liable for Capital Gains Tax Despite Property Repossession for Non-Payment; Obligation Stands When Deal Completes.

May 11, 2016

Case Laws Income Tax AT

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