Delhi High Court: Phonetic Similarity between Boat & Boult Can Cause Confusion Online || SC: Recording Reasons Is Mandatory For Searches without A Warrant under Special Laws || SC Dismissed MP Police Plea against Quashing FIR Alleging Marital Cruelty against MLA Umang Singhar || SC Held Financial Bids in Public Tenders Cannot Be Altered Post-Opening To Protect Process Sanctity || SC: Defendant Cannot File a Counter-Claim against a Co-Defendant under Order VIII Rule 6-A CPC || Supreme Court Ruled That Barring Non-Muslims from Creating Waqfs Is Not Prima Facie Arbitrary || SC Rejected Writ Petition Seeking Review of Judgment Upholding WB Madrasah Service Commission Act || SC Grants Interim Bail to Mahesh Raut on Medical Grounds in Bhima Koregaon Case || SC: Non-Production of Contraband Not Fatal If Seizure and Sample-Drawing Follow S.52A of NDPS Act || Supreme Court Takes Suo Motu Cognizance of Industrial Pollution in Rajasthan's Jojari River

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