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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - revocable transfer - Just because seller had ...

Case Laws     Income Tax

June 7, 2013

Exemption u/s 11 - revocable transfer - Just because seller had sold the properties and given the money to the assessee, that would not be sufficient to hold that there was an agreement in the nature of a revocable transfer between them. - AT

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