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Good news taxpayers! Date of allotment of house will be treated as date of acquisition, rules ITAT

By Sandeep Shah

When an under-construction property is acquired, it is always a subject matter of controversy between the taxpayer and the tax department while determining the holding period of the property to compute capital gain.

Posted On 17th May 2019

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CBDT defers reporting on GAAR in tax audit report again

By Mr. Gopal Bohra

The provisions relating to General Anti Avoidance Rule (‘GAAR’) are in force from 1st April 2017.

Posted On 16th May 2019