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Income Tax - Highlights / Catch Notes

Home Highlights February 2012 Year 2012 This

Amount received for surrender of tenancy rights – applicability ...

Income Tax

February 22, 2012

Amount received for surrender of tenancy rights – applicability of section 10(3) – the cost of acquisition of tenancy was capable of ascertainment but the Revenue had taken a contrary stand that the cost of acquisition was incapable of being ascertained.- decided against the Revenue - HC

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