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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Base year for considering cost of inflation index (CII) for ...


High Court Rules: Use Original Purchase Date for Cost of Inflation Index in Inherited Property Capital Gains Calculation.

September 25, 2013

Case Laws     Income Tax     HC

Base year for considering cost of inflation index (CII) for computing long term capital gain on inheritance of property - it should be the date when previous owner acquired the property - HC

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