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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Computation of long term capital gain - Sale of ancestral ...


Exclusion of Payments to Unauthorized Occupants in Long-Term Capital Gain Calculation for Ancestral Property Sale Accepted.

November 3, 2018

Case Laws     Income Tax     AT

Computation of long term capital gain - Sale of ancestral property - Exclusion of the amount paid to the unauthorized occupants directly by the purchase of the property - LTCG offered by the assessee accepted.

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