Capital gain computation - transferred or property right - ...

Court Rules No Capital Gain for Assessee Due to No Acquisition Cost; Market Value Used for Computation.

November 7, 2019

Case Laws Income Tax AT

Capital gain computation - transferred or property right - assessee has not incurred any expense as Cost of acquisition - the assessee has not earned any profit because the cost of acquisition as on 30.04.2005 should be the market value of the entitlement as on 30.04.2005 because the same is the value in the books of accounts as on 30.04.2005 as the date of retirement - Additions deleted.

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Capital gain computation - transferred or property right - ...

Court Rules No Capital Gain for Assessee Due to No Acquisition Cost; Market Value Used for Computation.

November 7, 2019

Case Laws Income Tax AT

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