TMI BlogChargeability to Capital gain - the land in question was acquired by father of the assessee free of...Chargeability to Capital gain - the land in question was acquired by father of the assessee free of cost. Therefore, there is no question of capital gain on transfer of such land and enhanced compensation reeived is not chargeable to tax - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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