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Income Tax - Highlights / Catch Notes

Home Highlights June 2013 Year 2013 This

Capital gain computation - Joint ownership - the sale proceeds ...


Appellant qualifies for capital gains exemption on joint property sale under Income Tax Act Section 54E.

June 18, 2013

Case Laws     Income Tax     AT

Capital gain computation - Joint ownership - the sale proceeds belonged to appellant and other partners, hence, the appellant is entitled to exemption u/s 54E. - AT

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