If the object of the legislature is to tax the capital gains ...

Capital Gains Tax: Include Previous Owner's Holding Period for Assets Received via Gift or Will.

August 16, 2017

Case Laws Income Tax AT

If the object of the legislature is to tax the capital gains arising on transfer of a capital acquired under a gift or will by including the period for which the said asset was held by the previous owner, then that object cannot be defeated by excluding the period for which the said asset was held by the previous owner while determining the indexed cost of acquisition of that asset to the assessee

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If the object of the legislature is to tax the capital gains ...

Capital Gains Tax: Include Previous Owner's Holding Period for Assets Received via Gift or Will.

August 16, 2017

Case Laws Income Tax AT

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