Supreme Court: Single Insolvency Petition Maintainable Against Linked Corporate Entities || Supreme Court: Disputes are Not Arbitrable When the Arbitration Agreement is Alleged to be Forged || Supreme Court: Temple Trust Does Not Qualify as an ‘Industry’ under the Industrial Disputes Act || Delhi HC: Unmarried Granddaughter’s Limited Estate Can Become Absolute if Pre-Existing Right || MP High Court: Labour Laws are Beneficial, and Hyper-Technical Limitation Views Must be Avoided || Calcutta HC: Supplementary Chargesheet Filed Late in NDPS Trial is Valid if Based on Fresh Evidence || Delhi High Court: Co-Accused’s Abscondence Can Be a Relevant Factor in Granting NDPS Bail || P &H HC: Unfavourable Orders Cannot Justify Trial Transfer; Courts Must Prevent Forum Hunting || SC: UGC Regulations Override State Law on Forming Search Committees For University VC Appointments || SC: State Cannot Deny Regularisation to Long-Serving Contract Staff Appointed Through Due Process

Search Results for Tag : 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

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