Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
Date of Sale/Transfer of Shares included in Holding Period Calculation for Capital Gain: ITAT upholds CIT(A)
Appeal Against OrderIncome Tax
The ITAT upheld the CIT(A)'s decision that the date of sale transfer of shares should be included in the holding period calculation for capital gains. This ruling clarifies the method for calculating holding periods, impacting how capital gains are assessed.
