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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Long term capital gains - as per assessee only the agreement to ...

Case Laws     Income Tax

August 14, 2019

Long term capital gains - as per assessee only the agreement to sale , hence, does not cover for the purpose of capital gains - once the assessee had entered into agreement of sale coupled with power of attorney and handed over the possession of the property to the vendee, the transfer is complete as provided u/s 47 - gain taxable

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