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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Capital Gains - exemption u/s 54 -Even if the transfer is not ...

Case Laws     Income Tax

September 3, 2015

Capital Gains - exemption u/s 54 -Even if the transfer is not as per law in the year of withdrawal from Deposit account A, it can be considered as amount withdrawn and not utilised and addition can be made as per law but in the present year, the exemption cannot be denied. - AT

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