capital gains tax

Capital Gains Question 1.Write short note on the following:Capital gain on transfer of depreciable assets (Dec 2022, 5 marks) Descriptive Question   Question 2.Explain the provisions in regard to a reference to Valuation Officer for valuation of a capital asset under the provision of the Income-tax Act, 1961. (Dec 2012, 3 marks)Answer:Reference to Valuation Officer […]