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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Indexation year for computation of long term capital gain in ...


Court Rules Indexation Year for Gifted Assets Starts from Original Owner's Acquisition, Affecting Capital Gains Tax Calculation.

September 28, 2013

Case Laws     Income Tax     HC

Indexation year for computation of long term capital gain in case of gift of capital asset – H Assessee must be treated to hold the capital asset in the year of acquisition of previous year - HC

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