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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Sale of self-developed technical know-how - whether chargeable ...

Income Tax

September 30, 2015

Sale of self-developed technical know-how - whether chargeable to tax - AO held as revenue receipt - ITAT held that appellant was liable for capital gains tax in view of the amendment made in section 55 with effect from the assessment year 1998-99 - order of ITAT sustained - HC

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