JKL HC: Decrees Can’t be Invalidated Because of Untimely Objections to Jurisdiction  ||  P&H HC Issues Directions to Police to Check Misuse of UAPA  ||  SC to Solicitor General: Provide Data on No. of People Benefitted from S.6A of Citizenship Act  ||  SC to Army: Frame Policy Regarding Promotion of Women Officers  ||  SC: 'Group of Companies' Doctrine must be Retained in the Indian Arbitration Jurisprudence  ||  Kerala HC Temporarily Restrains Secretaries From Disbursing Panchayat Funds For 'Nava Kerala Sadas'  ||  Del. HC to Authorities: Conduct Structural Audit of Buildings to Check Stability During Earthquakes  ||  Kerala High Court Denies Medical Termination of Pregnancy for 14 Yr. Old  ||  Madras High Court Rejects VK Sasikala’s Plea Against Removal From Post of AIADMK General Secretary  ||  Kar. HC Stays Proceedings Against Advocates Accused of Obstructing Policeman, Snatching His Phone    

Search Results for Tag : Capital asset


ITAT: Depreciation allowable on Toll Collection Rights(15.06.2022)

Income Tax Appellate Tribunal (ITAT), Pune Bench has held that the depreciation under Section 32 of the Income Tax Act, 1961 is allowable on toll coll.....

Tags : ITAT, Toll Collection, Capital Asset

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

CCI Approves Reliance Capital-Goldman Sachs Deal(06.01.2016)

Competition Commission of India (CCI) has approved Reliance Capital Asset Management (RCAM) acquisition of Goldman Sachs' onshore asset management bu.....

Tags : Competition Commission of India, Reliance Capital Asset Management

Notifications & Circulars

Taxability of surplus on sale of shares and securities - Instructions in order to reduce litigation(29.02.2016)

The Central Board of Direct Taxes issued instructions in situations when Assessing Officers hold whether surplus generated from sale of listed shares .....

Tags : capital asset, shares, determination, litigation

Central Government notifies the transfer of capital asset from NTPC Limited to NTPC Green Energy Limited(15.06.2022)

In exercise of the powers conferred by clause (viiaf) of section 47 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies t.....

Tags : Notification, Transfer, Capital asset


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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