Entitled to claim long term capital gain on transfer of rights ...
Income Tax
October 11, 2018
Entitled to claim long term capital gain on transfer of rights in the Flats - Deduction u/s 54 against capital gains arising out of sale of flats - the right over the property in question enjoyed by the assessee, the sale of the said property, the consideration was necessarily in the nature of Long Term Capital Gain - Benefit of LTCG allowed.
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