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Income Tax - Highlights / Catch Notes

Home Highlights May 2012 Year 2012 This

IT - Family arrangement by a deed – The sale proceeds earned by ...


Family Arrangement Deed: Share Sale Proceeds Not Assessee's Income in Private Limited Companies.

May 15, 2012

Case Laws     Income Tax     HC

IT - Family arrangement by a deed – The sale proceeds earned by the assessee out of sale of shares held in private limited companies cannot be treated as the income of the assessee.

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