Registration of Family Settlement not required for Computing Capital Gains: Punjab & Haryana HC

The court docket held that even when the existence of the Will could also be ignored, as far as the Appellant-Assessee is anxious, he has turn out to be the holder of the property on the idea of a household settlement

Capital Gains - Punjab and Haryana High Court - Registration of Family Settlement - Taxscan

The Punjab & Haryana Excessive Courtroom in a current case, has held that household settlement is just not required to be registered for computing capital positive aspects.The court docket held that even when the existence of the Will could also be ignored, as far as the Appellant-Assessee is anxious, he has turn out to be the holder of the property on the…

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