As per the definition of Transfer of Capital Asset transfer means
sale, exchange or relinquishment of the asset; As per Section 2(47) of Income Tax Act, 1961, unless the context otherwise requires, the term “Transfer” in relation to a capital asset, includes- · the sale, exchange or relinquishment of the asset; or · the extinguishment of any rights in relation to a capital asset; or · the compulsory acquisition of asset thereof under any law; or · in a case where the asset is converted by the owner thereof into, or is treated by him as, stock-in-trade of a business carried on by him, such conversion or treatment; or · the maturity or redemption of a zero-coupon bond; or · allowing possession of immovable properties to the buyer in part performance of the contract; · any transaction which has the effect of transferring an (or enabling the enjoyment of) immovable property; or · disposing of or parting with an asset or any interest therein or creating any interest in any asset in any manner whatsoever.
Which USSD code facilitates the offline payment option in UPI, aiming to encompass all mobile users within the UPI ecosystem?
What is the square root of the following?
(x² –14x+49) (x² + 6x + 9)
In which year Wahida Rahman was honored with the Padma Bhushan Award, one of India's civilian awards?
The International Film Festival of India, founded in 1952, is an annual event organized by __________________.
Who among the following Presidents of India was also the deputy chairman of Planning Commission?
Which year was the first Asian Kabadi Championship held?
Which ministry of Government of India has published the Goods and Service Tax (GST) Act, 2017?
The Fundamental Duties in the Constitution of India were adopted from the:
Select the option that will fill in the blank and complete the given series.
ABCD, ________, ΧΥΖΑ, XXXX, UVWX, UUUU
According to the Budget 2023, which of the following changes is/ are correct regarding “ Income tax” ?
I. Rebate limit...