Asset Transfer Between Assessee and Father Deemed Non-Transfer u/s 2(47)(v); Long-Term Capital Gain Addition Deleted.

Asset Transfer Between Assessee and Father Deemed Non-Transfer u/s 2(47)(v); Long-Term Capital Gain Addition Deleted. https://www.taxtmi.com/highlights?id=33009 Computation of capital gain towards transfer of asset between the assessee and his father - transfer - no consideration passed on - there is no transfer within the meaning of section 2(47)(v) - A.O. directed to delete addition made towards computation of long term capital gain- AT en-us Fri, 27 Jan 2017 08:58:56 +0530 Fri, 27 Jan 2017 08:58:56 +0530 TaxTMI RSS Generator Asset Transfer Between Assessee and Father Deemed Non-Transfer u/s 2(47)(v); Long-Term Capital Gain Addition Deleted. https://www.taxtmi.com/highlights?id=33009 Computation of capital gain towards transfer of asset between the assessee and his father - transfer - no consideration passed on - there is no transfer within the meaning of section 2(47)(v) - A.O. directed to delete addition made towards computation of long term capital gain- AT Highlights Income Tax Fri, 27 Jan 2017 08:58:56 +0530 https://www.taxtmi.com/highlights?id=33009