New sec 269st & & 271da inserted into income-tax act, 1961,


This query is : Resolved 

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


21 April 2017 Please check the below link, it provides good explanation -

https://www.taxmann.com/topstories/105010000000014299/section-269st-the-impact-analysis.aspx


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