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Income Tax - Highlights / Catch Notes

Home Highlights September 2014 Year 2014 This

Transfer of tenancy right - long term asset or short term asset ...


High Court Confirms Tenancy Rights Held for 14 Years as Long-Term Asset; Gains Classified as Long-Term Capital Gain.

September 12, 2014

Case Laws     Income Tax     HC

Transfer of tenancy right - long term asset or short term asset - the tenancy rights were held for nearly 14 years and consideration received on surrender has been rightly treated as a long term capital gain - HC

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