If the object of the legislature is to tax the capital gains ...

Case Laws Income Tax

August 16, 2017

If the object of the legislature is to tax the capital gains arising on transfer of a capital acquired under a gift or will by including the period for which the said asset was held by the previous owner, then that object cannot be defeated by excluding the period for which the said asset was held by the previous owner while determining the indexed cost of acquisition of that asset to the assessee

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If the object of the legislature is to tax the capital gains ...

Case Laws Income Tax

August 16, 2017

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