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Income Tax - Highlights / Catch Notes

Home Highlights March 2012 Year 2012 This

Surrender of leasehold rights – Provisions of Section 50 C will ...

Income Tax

March 4, 2012

Surrender of leasehold rights – Provisions of Section 50 C will apply on receipt of consideration on transfer of a property, being land or building or both, and not in case of transfer or surrender of tenancy rights. - AT

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