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![Transfer of Land to Holding Company exempted from Capital Gain Tax: Madras HC [Read Judgment] Transfer of Land to Holding Company exempted from Capital Gain Tax: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/08/assessee-exemption-transfer-land-Taxscan.jpg)
Transfer of Land to Holding Company exempted from Capital Gain Tax: Madras HC [Read Judgment]
The Madras High Court held that the assessee is entitled to exemption under Section 47(v) of Income Tax Act with respect to the transfer of land to...