TMI BlogDisallowance of deduction u/s 48(i) - computation of capital gain - the expenditure incurred is wholly...Disallowance of deduction u/s 48(i) - computation of capital gain - the expenditure incurred is wholly and exclusively in connection with the transfer of shares of the Indian Subsidiary. Hence, qualifies for deduction u/s 48(i). ..... X X X X Extracts X X X X X X X X Extracts X X X X
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