Ker. HC: Centre to Consider Framing Sexual Harassment Laws With More Feminist Perspective  ||  Delhi HC: Centre Asked to Issue Instructions Regarding Identity of Victims in MTP Cases  ||  SC: Referral Courts at Referral Stage Must Not Venture into Questions Involving Complex Facts  ||  SC: Not Recording Reasons of Appointment of Junior Officer as Judge Adv. Invalidates Proceedings  ||  SC Clarifies Judgement on Entitlement of Govt. Employees to Increment Earned 1 Day Before Retirement  ||  Supreme Court Stays Defamation Proceedings Against Shashi Tharoor  ||  SC: Inordinate Delay in Conclusion of Trial Infringe Right of Accused Under Article 21  ||  SC Directs Registry to Not Accept Black & White Photographs Without Court’s Permission  ||  SC: NCLT to Exercise Power u/s 59 of Companies Act, if Applicant Victim of Open-and-Shut Fraud Case  ||  SC: HC Order to Hold 'One Day Elections' for Bar Association in Delhi, Stayed    

ITAT, Mumbai: Forex Gains on Repayment of Interest-free Loan by Relative Not Taxable - (19 May 2021)

DIRECT TAXATION

Income Tax Appellate Tribunal, Mumbai has ordered that foreign exchange gains arising in the hands of an individual, on a repayment of an interest-free loan by his relative, are not taxable.

Tags : INCOME TAX APPELLATE TRIBUNAL   FOREX GAINS ON REPAYMENT OF INTEREST-FREE LOAN BY RELATIVE  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved