Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
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Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
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
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