Post-search scrutiny assessment remains available where original assessment limitation is unexpired, permitting timely completion under regular assess...
When the assessee invests money in a property with an intention to hold it or enjoys the property and sells it for profit thereafter, then it is a case of capital appreciation and the profit derived there from is taxable under the head ‘capital gains’
When the assessee invests money in a property with an intention to hold it or enjoys the property and sells it for profit thereafter, then it is a case of capital appreciation and the profit derived there from is taxable under the head ‘capital gains’
Note: It is a system-generated summary and is for quick reference only.