Capital gain arising out of sale of office used as registered ...

Case Laws Income Tax

June 27, 2019

Capital gain arising out of sale of office used as registered office - not claimed depreciation under Income tax Act though claimed under companies Act - assessee being a private limited company, the Companies Act provides that the office premise should be shown as fixed asset, even if it is not held as a business asset but as an investment and earning rental income - taxable as LTCG

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Capital gain arising out of sale of office used as registered ...

Case Laws Income Tax

June 27, 2019

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