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Income Tax - Highlights / Catch Notes

Home Highlights May 2018 Year 2018 This

Long term capital gain (LTCG) - relinquishment of right in ...

Case Laws     Income Tax

May 18, 2018

Long term capital gain (LTCG) - relinquishment of right in property in favor of brother in lieu of cash - arrangement as per the family settlement - Such transaction cannot to be treated as transfer within the meaning of section 2(47) - not liable to income tax - AT

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