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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Computation of long term capital gains (LTCG) - Benefit of ...


Inherited Asset LTCG Calculation: Indexation Benefit Applies from Original Owner's Acquisition Date, Adjusting for Inflation.

January 18, 2014

Case Laws     Income Tax     HC

Computation of long term capital gains (LTCG) - Benefit of indexation - inheritance - The benefit of indexation shall be available from the year when previous owner first acquired it - HC

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