ITO Section 78 | Non-armโ€™s length transactions.

ITO Section 78

Non-arm’s length transactions.

Where an asset is disposed of in a non-arm’s length transaction —

(a) the person disposing of the asset shall be treated as having received consideration equal to the fair market value of the asset determined at the time the asset is disposed; and
(b) the person acquiring the asset shall be treated as having a cost equal to the amount determined under clause (a).

Explanation of ITO Section 78

Enter your Description here...

Your contact Details
"Your trust is our priority โ€” your details and concerns stay private and secure, always."

No video available.

Detail of ITO Section 78

Best Pak Lawyers for ITO Section 78 Related Issues.

Feedback

"Weโ€™re always working to improve and keep our information accurate,complete & up-to-date. If you spot any mistakes, missing details, or anything that doesnโ€™t seem right, please let us know using the feedback option below.

Expert Legal Advice Online

We provide best solutions of your legal issues as per Law. Get Expert Legal Advice regarding your legal issue.

๐Ÿ’ฌ Need Help?
WhatsApp Chat

ุญูŽุณู’ุจููŠูŽ ุงู„ู„ู‘ูŽู‡ู ู„ุงูŽ ุฅูู„ูŽู‡ูŽ ุฅูู„ุงู‘ูŽ ู‡ููˆูŽ ุนูŽู„ูŽูŠู’ู‡ู ุชูŽูˆูŽูƒู‘ูŽู„ู’ุชู ูˆูŽู‡ููˆูŽ ุฑูŽุจู‘ู ุงู„ู’ุนูŽุฑู’ุดู ุงู„ู’ุนูŽุธููŠู…ู

โ€œAllah is sufficient for me. There is none worthy of worship but Him. I have placed my trust in Him. He is the Lord of the Majestic throne.โ€