Tuesday, February 5, 2019

Income Tax can’t be levied on Transfer of Property through Power of Attorney: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Jalandhar bench has held that the income tax cannot be levied on the transfer of property through the Power of Attorney. The assessee was given general Power of Attorney by Smt. Harsharan Kaur to maintain the property. The said property was not transferred in the name of the assessee […]

The post Income Tax can’t be levied on Transfer of Property through Power of Attorney: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws http://bit.ly/2SqUSZc

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