SC: Arrest & Remand Illegal if Grounds Not Given in Language Arrestee Understands || SC: Judgment for Deceased Party is Null if Legal Heir was not Brought on Record Before Hearing || SC: Hiding a Candidate’s Conviction Voids Election, Regardless of Whether it Influenced Results || Delhi HC: Not Here to Monitor Delhi University, but Students Must Follow Law During Elections || J&K&L HC: Paying Tax or GST Registration Doesn’t Legalize Unlicensed Business Activities || Delhi HC: Victim’s Past or Character Cannot be Used to Suggest Consent in Assault Cases || P&H HC: Constitution isn’t Privilege Charter; Reservation in Promotions Requires Statutory Amendment || Kerala HC: Law Must be Amended to Hold Landowners Liable for Illegal Paddy Land Reclamation || Bombay HC: Parents Saying Daughter was Unhappy, Wept Often not Enough to Convict under 498A IPC || Kerala HC: Physiotherapists and Occupational Therapists Cannot Use “Dr.” Without Medical Degree

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