Liability to pay capital gain tax - hypothetical income - ...

Capital Gains Tax Liability Only When Income Accrues; No Tax Due Without Completed Development or Compensation.

December 13, 2018

Case Laws Income Tax AT

Liability to pay capital gain tax - hypothetical income - accrual of income - activity of development was not completed and assessee received nothing in lieu of execution of the development agreement - capital gain is liable to be assessed when the income will accrued to the assessee.

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Liability to pay capital gain tax - hypothetical income - ...

Capital Gains Tax Liability Only When Income Accrues; No Tax Due Without Completed Development or Compensation.

December 13, 2018

Case Laws Income Tax AT

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