August 2020

Through Mariya Paliwala - August 11, 2020 8:52 p.m. The Madras High Court ruled that the appraised was entitled to an exemption under Section 47 (v) of the Income Tax Act in respect of the transfer of land to its holding…

Through Taxscan team - August 4, 2020 7:16 p.m. The Income Tax Appeals Tribunal (ITAT), Mumbai, ruled that income from surrender of the right to a property cannot be treated as a "capital gain" for tax purposes. collection of…