BHUTESH KUMAR MALVIYA (Sr. Account Officer(DSM Sugar-Rajpura)) (47 Points)
31 December 2018Hi Experts,
Just suggest what will be the consequences when an assessee earn income from sale of Share received by gift/will/inherated by some one.
How the cost of share will be will be decide and how to decide the holding period?
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 31 December 2018
Cost of acquisition of previous owner will be the original cost and period of holding will be decided based n same
PARVEEN DAHIYA
(181 Points)
Replied 31 December 2018
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
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