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
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