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Income Tax - Highlights / Catch Notes

Home Highlights March 2013 Year 2013 This

Sale consideration - sale of shops held as stock in trade - ...


Section 50C Excludes Shops Held as Stock in Trade from Capital Gains Valuation in Income Tax Act.

March 7, 2013

Case Laws     Income Tax     HC

Sale consideration - sale of shops held as stock in trade - Section 50C does not apply to the present case as it applies only to a case of capital gains - HC

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