TMI BlogShort Term Capital Gain - assessee was just a name lender of a company and not have to receive any...Short Term Capital Gain - assessee was just a name lender of a company and not have to receive any consideration on the transfer of lands because he has not incurred any cost on the purchase of the land, registration, conversion and the development, the purchase consideration at the actual cost incurred by its group company - not the real income of assessee - no STCG ..... X X X X Extracts X X X X X X X X Extracts X X X X
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