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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Wrong offer to tax on capital gains on the conversion of capital ...


Misapplication of Tax Provisions on Capital Gains from Asset Conversion to Stock: Section 45(2) Dispute.

February 6, 2015

Case Laws     Income Tax     AT

Wrong offer to tax on capital gains on the conversion of capital asset to stock in trade by wrongly applying the provisions of section 45(2) - the assessee is estoped from his own act and conduct to dispute the date of transfer - AT

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