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Income Tax - Highlights / Catch Notes

Home Highlights November 2020 Year 2020 This

Capital gain computation - sale of joint property - assessee’s ...


AO to Verify Capital Gains Share in Joint Property Sale Under Hindu Succession Act; Claimants Seek 1/6th Share.

November 7, 2020

Case Laws     Income Tax     AT

Capital gain computation - sale of joint property - assessee’s claimed that, they are entitled to 1/6th share, in the total property under Hindu succession Act - AO directed to call for these people to enquire upon amount disbursed to them and accordingly compute share received by assessee’s before us for purposes of capital gains. - AT

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