TMI BlogLTCG - sale of apartment - rights were obtained by the assessee vide reservation of allotment letter -...LTCG - sale of apartment - rights were obtained by the assessee vide reservation of allotment letter - execution of agreement in assessee’s favor was nothing but mere improvements in the assessee’s existing rights in the property - gains were Long-Term Capital Gains in nature as counted from allotment date ..... X X X X Extracts X X X X X X X X Extracts X X X X
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