The Center for Tax Law organised a lecture by Dr Ajit Kumar. Dr. Ajit Kumar Singh, the Chief Commissioner of Income Tax, delivered a lecture to BA LLB (Hons.) students about Capital Gains Taxation. He explained the concepts of capital gains, capital assets, and their exceptions, along with important legal cases.
Specifically, he focused on the Vodafone International Holdings BV v. Union of India case from 2012, detailing its implications on the Income Tax Act of 1961 and its effect on Capital Gains Taxation.
The Centre acknowledges the guidance of Dr. Jasper V. George and Dr. Preeti Lakhera, and the efforts of Teaching Assistants Aman Saini and Tejal Deswal in making this session possible.