Capital Gain | Capital Gains Tax | Partnership
Gotan Lime Stone Khanij Udhyog [2004] 269 ITR 399 (Raj) The amount is not to be taxed as capital gain. In view of the fact that the computation provisions u/s 48 of the Act could not be applied to such transaction for want of ascertainable cost of acquisition on the date of acquisition capital gains did not arise out of such transfer, and since ...
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