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Income Tax - Highlights / Catch Notes

Home Highlights January 2012 Year 2012 This

Capital gains – In view of the provisions of sub-section (2) of ...

Income Tax

January 31, 2012

Capital gains – In view of the provisions of sub-section (2) of section 50C, if fair market value as assessed by the DVO is lower than the value adopted by Stamp Duty Authorities for collecting stamp duty then the value so adopted by DVO has to be adopted by the Assessing Officer for the purpose of computation of LTCG..... - AT

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