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Income Tax - Highlights / Catch Notes

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Valuation u/s 50C - whether deeming provision of section 50C are ...

Income Tax

November 15, 2013

Valuation u/s 50C - whether deeming provision of section 50C are applicable where the entire capital gain is exempt u/s 54EC on investment - Held yes, however exemption u//s 54EC to be allowed to the extend valuation u/s 50C - AT

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