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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Liability to pay tax on long term capital gains - cancellation ...

Case Laws     Income Tax

February 29, 2016

Liability to pay tax on long term capital gains - cancellation document - since the cancellation document as is alleged is the title document in favour of the assessee, therefore, the original document should have been in possession of the assessee, but the assessee has failed to produce the original document during the assessment proceedings, in our view, it goes against the assessee - AT

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