Capital-gains exemption for charitable trusts extends to qualifying fixed deposits, while unrecoverable TDS write-offs may constitute income applicati...
India-UK treaty characterisation of telecom-service receipts as business profits withstands unilateral domestic-law amendments for Indian tax purposes...
Transfer-pricing reimbursement adjustments require uncontrolled comparables and cannot become expense-genuineness reviews, resulting in deletion of th...
LTCG or STCG - Sale of ground floor of residential unit - whether it give rise to long term capital gains or short term capital gains - Computation from period of holding from the date of getting right in the property or from the date of taking the possession - taking delivery of possession is only a formality. Therefore, reckoning the period from the date of advance, we hold that the sale of ground floor give raise to long term capital gains and not short term capital gains as held by the CIT. - AT
LTCG or STCG - Sale of ground floor of residential unit - whether it give rise to long term capital gains or short term capital gains - Computation from period of holding from the date of getting right in the property or from the date of taking the possession - taking delivery of possession is only a formality. Therefore, reckoning the period from the date of advance, we hold that the sale of ground floor give raise to long term capital gains and not short term capital gains as held by the CIT. - AT
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TaxTMI 
TaxTMI 
of 4888 
