LTCG - Benefit of indexation - beneficial owner - the cost ...
Court Rules: Use Previous Owner's Cost for Calculating Long-Term Capital Gains; Indexation from April 1, 1981 Applies.
May 3, 2016
Case Laws Income Tax AT
LTCG - Benefit of indexation - beneficial owner - the cost incurred by the previous owner shall be adopted while computing capital gains in the hands of the assessee - benefit of indexation should accordingly be provided with effect from April 1, 1981 - AT
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