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Income Tax - Highlights / Catch Notes

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Determination of cost of shares received as per family ...

Income Tax

October 28, 2013

Determination of cost of shares received as per family arrangement - dispute was settled by the Company Law Board as per the orders dated 25.09.1992 and 29.07.1993. Therefore, in such a settlement, there is no question of paying any extra money to other group outside the books of account - HC

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