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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Nature of income - The assessee has miserably failed to prove ...

Case Laws     Income Tax

October 4, 2016

Nature of income - The assessee has miserably failed to prove that it was owning any capital rights in the property in question which was purchased by the company - the amount received by the assessee HUF is not in lieu of surrender of any capital rights but its income from other sources - AT

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