New sec 269st & & 271da inserted into income-tax act, 1961,
This query is : Resolved
Azim Charania
(Querist)
20 April 2017
Need your views on below mentioned phrase used in the Finance Act, 2017 with regard to Sec 269 ST & 271 DA
What is meant by one person?
What is meant by one single day?
What is meant by one transaction? OR Occasion from a person ?
What are its effect with the transaction relating to Tenant Property while disposing off ( Selling by One tenant to Another tenant ). Where as Ownership of the Property lies with Land Lord.
Azim
What is meant by one person?
What is meant by one single day?
What is meant by one transaction? OR Occasion from a person ?
What are its effect with the transaction relating to Tenant Property while disposing off ( Selling by One tenant to Another tenant ). Where as Ownership of the Property lies with Land Lord.
Azim
CA Gopal Somani
(Expert)
21 April 2017
Please check the below link, it provides good explanation -
https://www.taxmann.com/topstories/105010000000014299/section-269st-the-impact-analysis.aspx
https://www.taxmann.com/topstories/105010000000014299/section-269st-the-impact-analysis.aspx
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