https://www.taxtmi.com/acts?id=11703 Taxability of capital gains is determined by the financial year in which the operative transfer event occurs as mapped in a statutory table: conversion to or treatment as business asset, cessation of parental shareholding, non compliance with prescribed conditions, receipt of compensation or approved consideration, sale after conversion, contributions or distributions from unincorporated bodies, retirement distributions, possession under part performance, enabling enjoyment of immovable property, slump sales, and other transfers are each taxed in the financial year when the relevant event, receipt or transfer takes place; special deemed receipt rules govern insurance proceeds, retirement and liquidation receipts, depository transfers and specified withdrawals. en-us Thu, 16 Sep 2010 18:41:02 +0530 Fri, 17 Sep 2010 13:27:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11703 Taxability of capital gains is determined by the financial year in which the operative transfer event occurs as mapped in a statutory table: conversion to or treatment as business asset, cessation of parental shareholding, non compliance with prescribed conditions, receipt of compensation or approved consideration, sale after conversion, contributions or distributions from unincorporated bodies, retirement distributions, possession under part performance, enabling enjoyment of immovable property, slump sales, and other transfers are each taxed in the financial year when the relevant event, receipt or transfer takes place; special deemed receipt rules govern insurance proceeds, retirement and liquidation receipts, depository transfers and specified withdrawals. Act-Rules Bills Thu, 16 Sep 2010 18:41:02 +0530 https://www.taxtmi.com/acts?id=11703