Capital gains - Nature of receipt - assessee was not the owner ...

Control Over Property Results in Taxable Capital Gains for Non-Owner from Sale Transaction.

January 23, 2017

Case Laws Income Tax AT

Capital gains - Nature of receipt - assessee was not the owner of the property but had the control over property - assessee has received a portion of the sale consideration from this transaction - Even though assessee’s name in the sale agreements is not shown as an owner, consideration is taxable as capital gains - AT

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Capital gains - Nature of receipt - assessee was not the owner ...

Control Over Property Results in Taxable Capital Gains for Non-Owner from Sale Transaction.

January 23, 2017

Case Laws Income Tax AT

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