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Income Tax - Highlights / Catch Notes

Home Highlights November 2012 Year 2012 This

Computation of capital gains - market price of the shares cannot ...


Shares' Market Price Excluded in Capital Gains Calculation Without Sale Understatement u/s 48 of Income Tax Act.

November 23, 2012

Case Laws     Income Tax     AT

Computation of capital gains - market price of the shares cannot be taken for the purpose of computation of capital gain as per sec. 48 when there is no under statement of sale consideration - AT

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