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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Long term capital gains - The assessee inherited the said flat ...

Case Laws     Income Tax

October 12, 2018

Long term capital gains - The assessee inherited the said flat by Will after the death of her father. - the amount for discharge of mortgage interest has to be considered as cost of acquisition and accordingly the net consideration on sale of the flat in question will be Nil.

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