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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Benefit of indexation – To constitute a capital asset assessee ...


Indexation Benefits for Capital Assets Depend on Payments, Not Ownership Through Conveyance Deed.

January 10, 2014

Case Laws     Income Tax     AT

Benefit of indexation – To constitute a capital asset assessee must not be the owner by way of a conveyance deed - The benefit of indexation has to be granted on the basis of payments made for acquiring the said asset - AT

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