Capital Gains or income from other sources - Nature of ...

Income Tax

October 9, 2023

Capital Gains or income from other sources - Nature of compensation received - Where such an asset is transferred by way of relinquishment, the compensation for such relinquishment so received is chargeable to tax under the head “Capital gains” and the amount initially paid shall be treated as cost of acquisition for acquiring such rights. - AT

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Capital Gains or income from other sources - Nature of ...

Income Tax

October 9, 2023

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