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Income Tax - Highlights / Catch Notes

Home Highlights November 2017 Year 2017 This

LTCG - Bonus shares - Shares acquired by way of foreign exchange ...

Case Laws     Income Tax

November 3, 2017

LTCG - Bonus shares - Shares acquired by way of foreign exchange fall within the definition of foreign exchange asset u/s 115 E(b) and the assessee is eligible for a concessional rate of 10% u/s 115E

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