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Income Tax - Highlights / Catch Notes

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Long Term Capital Gain - loss claimed by the assessee - In the ...

Income Tax

April 8, 2016

Long Term Capital Gain - loss claimed by the assessee - In the instant case the transaction was with the group company and at the price less than the book value. - this observation of the AO does not make the transaction as colorable device to reduce the tax burden. - AT

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