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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Computation of capital gain – AO’s has the power to substitute ...


Assessing Officer Cannot Alter Sale Consideration Value in Current Capital Gain Case Due to Lack of Specific Circumstances.

June 17, 2014

Case Laws     Income Tax     AT

Computation of capital gain – AO’s has the power to substitute the value of consideration in place of sale consideration only in special circumstances which are missing in the present case - AT

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