Monday, July 23, 2018

Date of Full Payment, not Date in Registered Document can be treated as Date of Acquisition for determining Capital Gain: ITAT [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the date of full payment of money must be treated as the date of acquisition for determination of capital gain under the provisions of the Income Tax Act. While dismissing an appeal by the Revenue, the bench clarified that for […]

The post Date of Full Payment, not Date in Registered Document can be treated as Date of Acquisition for determining Capital Gain: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws https://ift.tt/2O9GpvD

No comments:

Post a Comment