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Income Tax - Highlights / Catch Notes

Home Highlights November 2017 Year 2017 This

Capital gain computation - ownership on property sold - Merely ...

Case Laws     Income Tax

November 3, 2017

Capital gain computation - ownership on property sold - Merely relying on the assumptions and just because the property was purchased by assessee’s husband, it does not mean that there exists some kind of foul transaction and without bringing on record any cogent material to support the AO’s contention, AO cannot presume facts

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