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Income Tax - Highlights / Catch Notes

Home Highlights February 2023 Year 2023 This

Computation of LTCG - provisions of section 2(47)(v) ...

Case Laws     Income Tax

February 21, 2023

Computation of LTCG - provisions of section 2(47)(v) applicability - assessee’s property is converted as stock-in-trade - the Revenue cannot assess the same as capital gains and this is to be assessed as business income - AT

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