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Income Tax - Highlights / Catch Notes

Home Highlights December 2011 Year 2011 This

Slump sale - short term capital gain - the Assessing ...

Income Tax

December 7, 2011

Slump sale - short term capital gain - the Assessing Officer/C.I.T.(A) erred in not accepting the computation of short term capital gains on slump sale of the undertaking and in seeking to reduce depreciation that could have been allowable for assessment year 2000-01, but had not been claimed or actually allowed in the assessment for that year. .... - AT

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