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Capital gains on gifted asset shall be computed by taking CII of year in which asset held by previous owner
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Corporate Tax
Capital gains on gifted asset shall be computed by taking CII of year in which asset held by previous owner
Posted on
on
November 14, 2015
Tenet Tax Daily November 07 2015
By
tenettax-team
Corporate Tax
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No incurrence of exp. on services provided by assessee proved that it had outsourced services to AE; No. TP adjustment
Commission paid to NR for advising on product trend in USA isn’t taxable as services were rendered outside India
