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Income Tax - Highlights / Catch Notes

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Slump sale - valuation of property - assessee wants to rectify ...

Income Tax

October 6, 2016

Slump sale - valuation of property - assessee wants to rectify the total consideration paid and received by other parties which is clearly mentioned in the sale deed by substituting the sale consideration at ₹ 2,27,386/- in place of original sale consideration of ₹ 20,74,64,400/- - A shocking explanation - Not allowed - AT

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