Computation of capital gains - Expenditure incurred in ...

Capital Gains Tax: Shareholders' Liability Must Be Proportional to Shareholding, No Deductions Allowed for Transfer Expenses.

October 24, 2016

Case Laws Income Tax AT

Computation of capital gains - Expenditure incurred in connection with transfer of shares - the entire tax liability of the companies cannot be fastened on a single shareholder. If at all the tax liability of private limited company is to be borne by shareholders, it has to be borne equally in the ratio of shares held - No deduction - AT

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Computation of capital gains - Expenditure incurred in ...

Capital Gains Tax: Shareholders' Liability Must Be Proportional to Shareholding, No Deductions Allowed for Transfer Expenses.

October 24, 2016

Case Laws Income Tax AT

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