TMI BlogTaxpayer Denied Deduction u/s 54F; Compensation Classified as Income from Undisclosed Source, Gains as LTCG.Denial of deduction u/s 54F - Compensation received treated as income from undisclosed source – The gains arising on the transfer of such asset is liable to be treated only as LTCG - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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