TMI BlogComputation of Capital Gains - Accrual of receipt - Inclusion of amount (as part of sale consideration)...Computation of Capital Gains - Accrual of receipt - Inclusion of amount (as part of sale consideration) retained in the Escrow Account for meeting liabilities and obligation - undoubtedly, the entire sale consideration had accrued in favour of the assessee during the assessment year under consideration. Even assuming that certain payments have been made from the amount retained in the Escrow account, it will not make or in any manner reduce the cost of acquisition - Additions confirmed - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
