Gain from relinquishment of booking rights in the project - LTCG ...

Income Tax

December 12, 2017

Gain from relinquishment of booking rights in the project - LTCG OR STCG - holding period of the asset - to be reckoned from the date of MOU or offer letter - ITAT found the transaction as short term in nature and to be taxed accordingly.

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Gain from relinquishment of booking rights in the project - LTCG ...

Income Tax

December 12, 2017

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