Deduction of traveling expenditure from Capital gains - ...
Travel Expenses Deducted from Capital Gains Due to Direct Link with Property Transfer in India.
August 12, 2016
Case Laws Income Tax AT
Deduction of traveling expenditure from Capital gains - appellant has proved the direct linkage/nexus between her travel to India and the corresponding travel expenditure with the transfer of the property, capital gains arising out of which has been duly offered to tax - deduction allowed - AT
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