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 April 2017 Year 2017 This

MAT computation - inclusion of share of long term capital gain ...

Income Tax

April 10, 2017

MAT computation - inclusion of share of long term capital gain earned by a partnership firm - Assessing Officer directed to exclude share income from partnership firm while computing book profit u/s. 115JB - AT

View Source

 


 

You may also like:

  1. MAT - Long term capital gain from sale of shares to be shown to the book profits u/s 115JB - AT

  2. Set off of long term capital loss from sale of shares off market against the long term capital gain on sale of land allowed.

  3. Gain on sale of shares - accommodation entry or not - the income in question is a bonafide Long Term Capital Gain arising from the sale of shares and hence exempt from income tax

  4. Sale of shares - long term capital gains or short term - Whether purchase of the shares can be considered only on the date of dematerialization – AT

  5. Surplus earned on the sale of plot - ‘capital gain‘ OR ‘business income’ - There is no clause in the partnership deed about making investment in the land and to earn...

  6. Setting off the long term capital loss arising on sale of shares not subject to STT against long term capital gain arising from sale of Shares subjected to STT exempt...

  7. There was a genuine transaction of purchase and sale of shares on which assessee has earned Long Term Capital Gain, and therefore, such Long Term Capital Gain cannot be...

  8. Reconstitution of partnership firm – liable to capital gains for assets transferred from earlier firm to new firm

  9. Capital gain - revaluation of the satellite rights - The revaluation of the assets by the partnership firm would not attract any capital gain - There was no transfer - HC

  10. Income earned by assessee on sale/purchase of shares and securities through PMS is to be assessed under the head “capital gains“ and not as business income of the assessee - AT

 

Quick Updates:Latest Updates