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M. NACHIAPPAN versus COMMISSIONER OF INCOME?TAX


Capital gains Assets transferred as a tax-transfer property transfer date must be a capital asset It does not require that property be acquired by the Assessment Indian Income Tax Act, 1961, at the date of its acquisition. Section \ 45 \ r Cap n Cost of Capital Acquisition Cost The agricultural land acquired by HUF Karta was later changed to residential premises, after which some housing sites on the HUF distribution were estimated to be received. In which case he was a member, the benefits calculated under the provisions of Sections 45, 48 and 55 in the Bye Bye Bye Coca case apply to the Indian Income Tax Act, 1961, sections 45, 48 and 55 55 r \ n \ r \ Not on n

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