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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Assessee's claim that since the entire sale consideration ...


Taxpayer's Claim to Exclude Entire Sale Consideration from Capital Gains Tax Rejected.

January 28, 2015

Case Laws     Income Tax     AT

Assessee's claim that since the entire sale consideration was utilised towards discharge of the debt, the same cannot be chargeable to capital gain is not acceptable. - AT

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