Menu
Relinguishment and extinguishment of Capital asset
what is relinguishment and extinguishment of Capital asset? give Examples of the same .
Replies (1)
relinquishment means sacrifice or forgone any asset for eg. transfer of asset on will (although not a transfer u/s 47 but it is transfer as per definition)
and other one is extinguishment of right and not extinguishment og asset which means destruction of right for eg. redemption of preference share
and other one is extinguishment of right and not extinguishment og asset which means destruction of right for eg. redemption of preference share
Recent Threads
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
Related Threads
CAclubindia
