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Income Tax - Highlights / Catch Notes

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Capital gain computation - ITAT not accepting cost of ...

Case Laws     Income Tax

May 21, 2018

Capital gain computation - ITAT not accepting cost of acquisition as on 01.04.1981 of the land sold - While adopting valuation of immovable properties, several factors need to be kept in mind. Situational advantages and disadvantages are important factors - Revenue appeal dismissed on the ground of Pure question of facts - HC

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