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Income Tax - Highlights / Catch Notes

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Capital gain - deduction of expenditure incurred in relation to ...


Court Rules Solicitor Fees Not Deductible as Property Transfer Expenses in Capital Gains Case.

April 13, 2023

Case Laws     Income Tax     AT

Capital gain - deduction of expenditure incurred in relation to the transfer of the property - the other works carried out by the solicitor firm for which bill has been raised by them on the assessee , cannot be construed as expenditure incurred wholly and exclusively in relation to the transfer of the subject mentioned property. - AT

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