Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Tax Rules on Property Sales: State Rights to Tax Based on Property Location and Type per Relevant Regulations.</h1> Gains from the sale of immovable property can be taxed in the state where the property is located. Gains from movable property linked to a business's permanent establishment in another state may be taxed in that state. However, gains from the sale of ships or aircraft used in international traffic are taxable only in the enterprise's home state. Gains from other property sales are taxable only in the seller's resident state. 'Alienation' includes sale, exchange, transfer, or relinquishment of property or rights, or compulsory acquisition under law.
TaxTMI 
TaxTMI 
