TMI BlogComputation of capital gain on sale of a property - holding period - Even the provisions of sec.2(47)(v)...Computation of capital gain on sale of a property - holding period - Even the provisions of sec.2(47)(v) & (vi) of the Act which defines what is “transfer” for the purpose of the Act, considers possessory rights as akin to legal title ..... X X X X Extracts X X X X X X X X Extracts X X X X
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