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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Capital gain computation on sale of shares - only because of one ...

Income Tax

March 18, 2019

Capital gain computation on sale of shares - only because of one of the condition was not satisfied for transfer of CCDs, therefore, assessee had to sell the shares at a lower price - Merely because transaction was carried-out within the Group concerns, by itself, is no ground to reject the explanation of assessee.

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