Interpreting "Transfer" in Section 2(47) for Long-Term Capital Gains in Joint Development Agreements: ITAT vs. Karnataka HC. https://www.taxtmi.com/highlights?id=49675 Long term capital - "transfer" within the meaning of Sec. 2 (47) - implementation of JDA - Decision in the case of ITAT [2018 (10) TMI 1345 - ITAT BANGALORE] followed, and the decision of HC [2012 (6) TMI 405 - KARNATAKA HIGH COURT] distinguished. en-us Thu, 10 Oct 2019 16:19:15 +0530 Thu, 10 Oct 2019 16:19:15 +0530 TaxTMI RSS Generator Interpreting "Transfer" in Section 2(47) for Long-Term Capital Gains in Joint Development Agreements: ITAT vs. Karnataka HC. https://www.taxtmi.com/highlights?id=49675 Long term capital - "transfer" within the meaning of Sec. 2 (47) - implementation of JDA - Decision in the case of ITAT [2018 (10) TMI 1345 - ITAT BANGALORE] followed, and the decision of HC [2012 (6) TMI 405 - KARNATAKA HIGH COURT] distinguished. Highlights Income Tax Thu, 10 Oct 2019 16:19:15 +0530 https://www.taxtmi.com/highlights?id=49675