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Income Tax - Highlights / Catch Notes

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Computation of Long-term Capital Gains - non considering the ...

Case Laws     Income Tax

July 21, 2023

Computation of Long-term Capital Gains - non considering the INDEX COST of assets purchased u/s. 48 - The benefit of indexation while computing long term capital gains had been statutorily provided to the assessee. - AO directed to grant the benefit of indexation to the assessee while computing long term capital gains after verifying the veracity of the workings thereon. - AT

 

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