Ravi Kumar Narula vs CIT
Capital gains - Acquisition and Transfer of Undertakings - The assessee purchased and sold property within a period of 60 months thus the asset shall be a short term capital asset.Even if the asset was a gift ... [LexDoc Id : 164979]
CIT vs Delhi Cattle Breeding Farms Pvt Ltd
Assessment - Additional income-tax on undistributed profits - Since long-term capital losses are to be subtracted from the gross total income to arrive at distributable income u/s 109(ii), capital gains form part... [LexDoc Id : 164973]