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Income Tax - Highlights / Catch Notes

Home Highlights December 2017 Year 2017 This

Under the head Capital gains only direct expenses relatable to ...

Case Laws     Income Tax

December 12, 2017

Under the head Capital gains only direct expenses relatable to transfer of property are allowed as deduction. Therefore, the cancellation expenses should not be held to be incurred either for acquiring the property or for transfer of property - AT

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