Capital gain tax u/s 45 - shares distributed in family ...

Family Share Distribution in Settlement Not a Capital Asset Transfer, No Capital Gains Tax u/s 45.

August 9, 2018

Case Laws Income Tax AT

Capital gain tax u/s 45 - shares distributed in family settlement - this Tribunal is of the considered opinion that there is no transfer of capital asset, hence, it is not taxable for capital gain tax under Section 45 of the Act. Moreover, it is also not a case of the Revenue that capital gain tax is leviable.

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Capital gain tax u/s 45 - shares distributed in family ...

Family Share Distribution in Settlement Not a Capital Asset Transfer, No Capital Gains Tax u/s 45.

August 9, 2018

Case Laws Income Tax AT

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