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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Capital Gains - Transfer u/s 2(47) - whether receipt of advance ...


Advance Payment Under Sale Agreement Isn't a Transfer of Asset Rights per Income Tax Act Section 2(47.

September 21, 2013

Case Laws     Income Tax     AT

Capital Gains - Transfer u/s 2(47) - whether receipt of advance against agreement of sale (duty registered) would constitute transfer or relinquishment of the asset and extinguishment of any right - held No - AT

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