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Income Tax - Highlights / Catch Notes

Home Highlights October 2019 Year 2019 This

Additions on account of long term capital gains arising from ...

Case Laws     Income Tax

October 18, 2019

Additions on account of long term capital gains arising from transfer of land - GPA holder - when in the registered power of attorney no consideration has passed on from assessee to the original owner, there was no question of any transfer of property in favour of the assessee. - He has merely acted upon GPA - No additions in the hands of GPA holder.

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