The Income Tax Appellate Tribunal ( ITAT ), Chennai bench has held that mere execution of a Power of Attorney would not amount to transfer of property for determining the capital gain tax liability. The Assessing Officer made an addition in respect of long-term capital gains arising from transaction of property based on a presumption […]
The post Mere Execution of Power of Attorney Agent not amount to ‘Transfer’: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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