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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Amount received on transfer of Bungalow - the presumption under ...

Income Tax

February 11, 2016

Amount received on transfer of Bungalow - the presumption under the law is that the assessee had sold his interest in the entire property even if he has acquired such ownership rights after the sale. - to be assessed under the head “capital gains” - AT

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