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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Capital gain from sale of flats - short term or long term - ...

Income Tax

July 14, 2012

Capital gain from sale of flats - short term or long term - computation of period of holding - The assessee had sold the flats and not its rights to acquire the flat and, therefore, the capital gain in the present case has to be computed in respect of assets being flats. - AT

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