Assessee was neither the legal owner of the property nor was having any document showing any right over the illegally encroached land
Move to curb abuse; Singapore treaty next in line, says government
However, investments made before April 2017 have been grand-fathered.
A recent CBDT circular will go a long way towards reducing litigation in the matter of how gains from sale of securities are to be treated
Experts say move to raise period from one to three years could scare markets