Whether The Gain Received In Extinguishment Of Assessee’s Right In The Flat Under Allotment Letter Amounts To “Capital Gain” Or “Income From Other Sources” Under The Income Tax Act, 1961 (“Act”)
Recently, the above issue was well covered by the Income Tax Appellate Tribunal, Mumbai by its Order dated 25th August 2020 in ITA No. 4255/MUM/2018 in the matter of Mukesh Sohanraj Vardhan V/s. ITO. Material Facts are: – The Appellant acquired the right in the residential Flat in the form of an Allotment Letter datedRead More
Execution Of A Will When Both Attesting Witnesses are Deceased
Dying Declaration or Self-immolation of the Victim: What Should the Courts Believe? INTRODUCTION:- The Hon’ble Supreme Court of India, in V. Kalyanaswamy (Dead) by Legal Heirs v/s. L. Bakthavatsalam (Dead) by Legal Heirs, had the occasion to revisit the legal principles of proving the execution of a Will where both the attesting witnesses are deceased. The Apex CourtRead More
Dying Declaration or Self-immolation of the Victim: What Should the Courts Believe?
INTRODUCTION: The admissibility and reliability of dying declaration of the victim have always been a very debatable aspect for the Courts to opine and to base the conviction of the Accused. However, during the past few years through a catena of judgements, the Hon’ble Apex Court and various other High Courts have unearthed thisRead More
Whether Seizure of an Immovable Property falls under the purview of S.102 of the Criminal Procedure Code when reference is made to ‘any property’?
INTRODUCTION: – It has been observed on multiple occasions that the common man has been subjected to arbitrary investigation procedures by the police authorities. Under the guise of suspicion, immovable property is attached and seized by the police authorities without conducting any preliminary investigation. In the past few years the Apex Court and variousRead More