<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Family Share Transfer Under CLB Settlement Not Taxable as Capital Gains, Says Commissioner of Income Tax (Appeals.</title>
    <link>https://www.taxtmi.com/highlights?id=64823</link>
    <description>Capital gain on transfer of shares - capital gains arising from the transfer of shares because of family arrangement - the assessee has transferred the shares based on the family settlement as per the direction of CLB, which the Ld CIT(A) has accepted in his order - The same cannot be treated as transfer - When there is no transfer there is no capital gain and consequently no tax on capital gain is liable to be paid. - AT</description>
    <language>en-us</language>
    <pubDate>Wed, 27 Jul 2022 08:40:34 +0530</pubDate>
    <lastBuildDate>Wed, 27 Jul 2022 08:40:34 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=686179" rel="self" type="application/rss+xml"/>
    <item>
      <title>Family Share Transfer Under CLB Settlement Not Taxable as Capital Gains, Says Commissioner of Income Tax (Appeals.</title>
      <link>https://www.taxtmi.com/highlights?id=64823</link>
      <description>Capital gain on transfer of shares - capital gains arising from the transfer of shares because of family arrangement - the assessee has transferred the shares based on the family settlement as per the direction of CLB, which the Ld CIT(A) has accepted in his order - The same cannot be treated as transfer - When there is no transfer there is no capital gain and consequently no tax on capital gain is liable to be paid. - AT</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Wed, 27 Jul 2022 08:40:34 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=64823</guid>
    </item>
  </channel>
</rss>