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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Capital gain - the assessee cannot be denied cost of improvement ...


Assessee Can Include Cost of Improvement in Capital Gains Calculation, Even if Contractors Didn't Perform Work.

January 7, 2014

Case Laws     Income Tax     AT

Capital gain - the assessee cannot be denied cost of improvement for the purpose of computing capital gains simply because the contractors to whom the payments were made did not carry out the work - AT

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