Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Land sale capital gains subject to tax, exemption denied under Section 10(37) - Kerala HC ruling</h1> The High Court of Kerala held that the petitioner is liable to pay income tax on capital gains for a negotiated sale transaction following a land ... - The High Court of Kerala held that the petitioner is liable to pay income tax under the head 'capital gains' for a negotiated sale transaction after a land acquisition notification. The claim for exemption under Section 10(37) of the Income Tax Act, 1961 was denied. The Writ Petition was dismissed. (Case citation: 2013 (7) TMI 1142 - KERALA HIGH COURT)