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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Nature of receipt - whether transfer of right or transfer of ...


Dispute Over Yanam Project Transfer: Is It a Rights or Asset Transfer for Capital Gains Tax Calculation?

September 14, 2013

Case Laws     Income Tax     AT

Nature of receipt - whether transfer of right or transfer of asset - Capital gain on transfer of bridge named ‘Yanam Project' to subsidiary company - ownership - the finding of the Commissioner of Income-tax that there is no capital asset to be transferred cannot be accepted - AT

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