Capital Taxation Law and Practice | P V Srinivasan | Oakbridge Publishing | 1st Edition November 2024About the Book Taxation of capital is older than the taxation of income. While the income of a fiscal year is often seen as an increase in wealth, capital taxation has sparked more controversy than other types of tax. Meagre revenue yields, the subjective base of the levy, unpredictability of the event of taxation are a few reasons for its repeated repeal and reintroduction. This is in addition to the traditional concerns of tax avoidance and a