SC: We Will Not Tolerate Conduct of Union of India to Make Submissions Contrary to Statute  ||  SC Expresses Scepticism Over Establishment of Separate Cycle Tracks Across India  ||  Supreme Court Calls for Rectification of Issues related to Fake Invoices  ||  Supreme Court Seeks Centre’s Response on PIL for Implementation of CNAP  ||  Ker. HC: Complainant Filing Several FIRs against Accused on Same Grounds Violates Fundamental Rights  ||  Del. HC: ECI Should Consider Adoption of Technological Tools for Elimination of Duplicate Names  ||  Delhi High Court: Can’t Consider Conducting CLAT in English as ‘Entry Barrier’  ||  Del HC: Right to Speedy Trial u/a 21 of COI Isn’t a Free Pass for Undertrial to be Released on Bail  ||  Del. HC: Can File or Sustain Revocation Petition after Expiry of Term of Patent  ||  Bombay HC Asks Maharashtra Government if Bombay Police Act Can be Amended    

Search Results for Tag : Capital Assets

News

SC: Sale of Entire Running Business With Assets, Liabilities Is Not 'Short-Term Capital Assets'(19.04.2017)

Supreme Court has held that Section 50 (2) of Income Tax Act will not apply to a case where entire running business with assets and liabilities is sol.....

Tags : Supreme Court, Short-Term Capital Assets



Judgments

Share Application Money as transferred by the assessee is ‘Capital Asset’ for the purpose of Income Tax Act, 1961(15.12.2020)

In facts of present case, as a part of corporate restructuring undertaken by the assessee group, it was decided that, shares of certain group entities.....

Tags : Assessment, Share money, Capital Assets



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