PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
LTCG - Long term capital assets or short term - Period of holding of assets - Part of the property (i.e. 66.92 sq.mtr. outof 302.86 sq.mtr.) held with the assessee less than 36 months as the same was conveyed to the daughter of the appellant on 16.03.2006 and reversed back on 30.07.2015 - Assessee is eligible for the benefit of LTCT and exemption u/s 54F only for the area of land admeasuring to 235.94 sq.mtr. - AO directed to recompute the long term capital gain accordingly - AT
LTCG - Long term capital assets or short term - Period of holding of assets - Part of the property (i.e. 66.92 sq.mtr. outof 302.86 sq.mtr.) held with the assessee less than 36 months as the same was conveyed to the daughter of the appellant on 16.03.2006 and reversed back on 30.07.2015 - Assessee is eligible for the benefit of LTCT and exemption u/s 54F only for the area of land admeasuring to 235.94 sq.mtr. - AO directed to recompute the long term capital gain accordingly - AT
Note: It is a system-generated summary and is for quick reference only.