↓ Skip to Main Content
Queries And Answers Experts answer queries on all legal issues for free
  • Main Home
  • All queries & answers
  • Ask Any Question On Law For Free
  • Experts
Ask Your Question

Answers On Topic: dies
  Capital Gains
Assessee has old tools (Dies) about 150 years old and has no records of purchase or transfer till today. Valuation expert has made the valuation as of 2001 and it is about Rs. 30 lakhs. If the person capitalizes these tools (Dies) today with indexing from 2001, will there be any capital gain tax. Please Guide.


► Read Answer

Latest Judgements

  • SHIVAMMA (DEAD) BY LRS VERSUS KARNATAKA HOUSING BOARD (SUPREME COURT)
  • Sunil Garg vs. DCIT, CC-II, Faridabad (ITAT Delhi)
  • Anita Garg Vs. ITO (ITAT Delhi)
  • Vaibhav Maruti Dombale v. Assistant Registrar, ITAT (Bombay High Court)
  • DCIT v. JM Financial Services Ltd. (ITAT Mumbai) (Third Member)

Latest Articles

  • CORRESPONDING ANALYSIS OF PENALTY PROVISIONS UNDER THE INCOME TAX ACT, 2025
  • PUBLIC CHARITABLE TRUSTS AND PTEC IN MAHARASHTRA
  • When the Portal Goes Beyond the Notified Form – The Curious Case of Form No. 35
  • Can a private trust claim the principle of mutuality for tax purposes
  • Black Money in Balance Sheets

Categories

  • Allied Laws
  • GST Law
  • Income-Tax Act
  • Tax Laws

Recent Posts

  • Vaibhav Maruti Dombale v. Assistant Registrar, ITAT (Bom)(HC) www.itatonline.org
  • DCIT v. JM Financial Services Ltd ( TM ) ( Mum)( Trib) www.itatonline.org
  • Anil Ramchandran Pillai v. NFAC (Bom)(HC) www.itatonline.org
  • Provident Housing Ltd. v. UOI ( Goa Bench ) (Bom )(HC)
  • Shree Arihant Oil and General Mills v. UOI (Raj)(HC) www.itatonline .org

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
    © 2025 The contents of this document are solely for informational purpose. It does not constitute professional advice or a formal recommendation. While due care has been taken in preparing this document, the existence of mistakes and omissions herein is not ruled out. Neither the author nor itatonline.org and its affiliates accepts any liabilities for any loss or damage of any kind arising out of any inaccurate or incomplete information in this document nor for any actions taken in reliance thereon. No part of this document should be distributed or copied (except for personal, non-commercial use) without express written permission of itatonline.org.