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How Are Capital Gains Treated in Case of the Transfer of Property Complete Under Agreement or a Similar Arrangement?

A joint venture (JV) agreement or a similar contractual arrangement is a business partnership where two or more parties agree to pool their resources, assets, or expertise to undertake a specific project. Joint ventures often involve the transfer of

What judicial decisions clarify the treatment of capital gains in cases involving the transfer of assets by way of gift, inheritance, or corporate restructuring?

The treatment of capital gains arising from the transfer of assets can be complex, especially in cases involving gifts, inheritance, or corporate restructuring such as mergers or demergers. The Income Tax Act, 1961 provides certain exemptions and deferrals under