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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Valuation of cost of acquisition of FSI and TDR – mere granting ...

Income Tax

March 11, 2014

Valuation of cost of acquisition of FSI and TDR – mere granting permission to allow the use of FSI/ TDR did not involve payment of any amount - provisions of section 48 cannot be applied - transfer cannot be subjected to tax under capital gain - AT

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