SC: Hard to Believe Married Woman Was Lured Into Sex by False Marriage Promise; Case Quashed || SC: Properties Acquired by Karta are Presumed to be Joint Hindu Family Assets unless Proven Otherwise || SC: Trial Courts Must Record that Free Legal Aid was Offered to Accused Before Witness Examination || SC: State Government Employees Cannot Claim Dearness Allowance Twice a Year Unless Rules Allow || P&H High Court: Anticipatory Bail on Settlement Can be Revoked if Compromise is Broken || Delhi High Court: Consenting Adults can Choose Life Partners Without Societal or Parental Approval || Cal HC: Excessive Palm Sweating Alone Cannot Render Candidate Medically Unfit for CAPF Appointment || Del HC: Mother's Right to Education and Personal Growth Cannot be Restricted Due To Custody Disputes || SC: Under RTE Act, States Cannot Justify Low Teacher Pay by Citing Centre’s Failure to Release Funds || Supreme Court: While a Child’s Welfare is Paramount, It is Not the Sole Factor in Custody Disputes

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