Computation of capital gain u/s 48 - Deduction of property tax - ...

Section 48: Property Tax Payments Not Deductible in Capital Gain Computation Under Income Tax Act.

March 20, 2019

Case Laws Income Tax AT

Computation of capital gain u/s 48 - Deduction of property tax - payment of Property Tax could not be said to have been incurred wholly and exclusively in connection with the transfer of the property in terms of Section 48 - not deductible.

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Computation of capital gain u/s 48 - Deduction of property tax - ...

Section 48: Property Tax Payments Not Deductible in Capital Gain Computation Under Income Tax Act.

March 20, 2019

Case Laws Income Tax AT

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