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Income Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Long term capital gain - process of sale of shares by holding ...

Case Laws     Income Tax

November 23, 2019

Long term capital gain - process of sale of shares by holding company to the subsidiary company - time can gap between the formation of the companies and the transfer of shares to them - law does not require any time can gap - Benefit of exemption from LTCG allowed u/s 45 r.w.s 47(iv)

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