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Income Tax - Highlights / Catch Notes

Home Highlights December 2012 Year 2012 This

Application of income versus diversion of income at Source - ...


Exploring Income Tax: No Tax on Deemed Income for Capital Gains; Legal Interpretations & Case Laws Explained.

December 13, 2012

Case Laws     Income Tax     HC

Application of income versus diversion of income at Source - There is no provision to tax a person on the basis of the deemed income for the purpose of capital gain tax. - HC

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