Taxation of profits arisen on handing over of possession of ...

Court Rules Hypothetical Income from Transfer of Development Rights Isn't Actual Income for Tax Purposes Under Shareholders Agreement.

January 19, 2018

Case Laws Income Tax AT

Taxation of profits arisen on handing over of possession of development rights together with land in terms of the shareholders agreement - The benefits represent, at best, a hypothetical income which may or may not materialise and its money value is, therefore, not the income of the assessee. - AT

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Taxation of profits arisen on handing over of possession of ...

Court Rules Hypothetical Income from Transfer of Development Rights Isn't Actual Income for Tax Purposes Under Shareholders Agreement.

January 19, 2018

Case Laws Income Tax AT

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