Capital Gains - diversion of income by overriding title - the ...
Capital Gains Tax: Real Income Theory Can't Justify Unauthorized Deductions Under Income-tax Act.
November 3, 2011
Case Laws Income Tax AT
Capital Gains - diversion of income by overriding title - the theory of real income cannot be applied to allow deduction to the assessee which is otherwise not permissible under the Income-tax Act.
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