Understatement of consideration Reference to Valuation Officer

Understatement of consideration

Reference to Valuation Officer

Reference to Valuation Officer

Section 142 A

Questions

Understatement of consideration

Section 142 A(3)

Understatement of consideration

Consequences

Understatement of consideration

Understatement of consideration

Understatement of consideration

Valuation for Stamp Duty

Section 50 C

Issues in section 50 C

Insurance claim

Partnership firm

Transfer of capital asset

Issues in section 45(3) & (4)

Admission of a partner

Admission of a new partner

Admission after revaluation

Two school of thoughts

Retirement of partner from firm

Section 45 (4)

Retirement of partner from firm

Partnership firm

Family arrangements

Family Arrangements

Discharge of mortgage

Interest on borrowings

Short term / Long term

Consequences

Treatment of Land & Building

Forfeiture of earnest money

Issue

Treatment of advance

Conditions for section 54 F

Diff between 54 & 54 F

Cost of plot

Issues in section 54/ 54 F

Land & building

Execution of sale deed

New house in wife’s name

Section 54 F

Acquisition of share in property

Non residential use of house

Collaboration agreement

Construction with in 3 years

Payment for SFS/ CGHS flat

Purchase/ construction

Incomplete house

Transformation of an asset

Link capital gain & investment

Death of the assessee

Benefit u/s 54/ 54 F

Farm House

Indexation

Capital asset acquired u/s 49

Capital Gains Scheme

Section 54 EC

Section 54 GA

SEZ

Agricultural Land

Agricultural Land

Agricultural land

Agricultural land

Issues

Shares

Circular No. 4/ 2007

Authority for Advanced Rulings

Supreme Court

Draft Instructions dt 16/5/2006

Draft Instructions dt 16/5/2006

Principle of Consistency

Final outcome

Long term capital asset

Equity shares

Equity shares

Capital gains exempt from tax

Rate of tax on LTCG

Special provisions

Implication

Short term capital gains

Exemption from capital gains from compulsory acquisition of land & building forming part of an industrial undertaking

issues

Section 55(2)

Transfer

Capital Gains

Full value of consideration

Company in liquidation

Capital asset

Buy back of shares