Payment of enhanced value of assets revalued by firm whether constitute capital asset and transfer of such asset whether capital gains chargeable under section 45(4) r/w s. 2(14) on retirement of some of partners?

Income Tax Act, 1961, Section 45(4) Income Tax Act, 1961, Section 2(14) Capital gains---Capital asset---Payment of enhanced value of assets revalued by firm whether constitute capital asset and transfer of such asset whether capital gains chargeable under section 45(4) r/w s. ...
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Capital Gain Computation: Date of allotment should be taken as the date of acquisition for reckoning the assets as Long Term or Short Term Capital assets  

Capital Gain Computation: Date of  allotment should be taken as the date of acquisition for reckoning the assets as Long Term or Short Term Capital assets  BHAWNA SHARMA vs. DEPUTY COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION) ITAT, DELHI TRIBUNAL (A) BHAVNESH SAINI, ...
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AO allows capital gain exemption on that part of construction expenditure which is incurred after the sale of original asset ignoring the amount of earlier structure purchased

AO allows capital gain exemption on that part of construction expenditure which is  incurred after the sale of original asset ignoring the amount of earlier structure purchased  Overview:  Where assessee had sold a flat and before such sale, he purchased a ...
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