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Income Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

If the property was acquired on behalf of another person and ...

Case Laws     Income Tax

July 10, 2018

If the property was acquired on behalf of another person and thereafter transferred to such another person, then there cannot be any capital gain in the hands of the assessee - Commission income on this transaction is to be estimated at 2%.

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