TMI BlogAsset Transfer Between Assessee and Father Deemed Non-Transfer u/s 2(47)(v); Long-Term Capital Gain Addition Deleted.Computation of capital gain towards transfer of asset between the assessee and his father - transfer - no consideration passed on - there is no transfer within the meaning of section 2(47)(v) - A.O. directed to delete addition made towards computation of long term capital gain- AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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