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Income Tax - Highlights / Catch Notes

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Reference made u/s 55A - Transaction of immovable property ...

Income Tax

October 29, 2014

Reference made u/s 55A - Transaction of immovable property against the actual deed of conveyance – the value of the property estimated by DVO as on the date of sale is to be taken as the final consideration for the purpose of computation of Long Term Capital Gains u/s. 50C(2) of the Act - AT

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