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Capital gins - When there was family arrangement between the assessee and his brother, and the inequalities of distribution of shares was compensated monetarily, then there was no transfer within the meaning of Section 2(47) - Amount not taxable.

Income Tax
2-11-2018

Capital gins - When there was family arrangement between the assessee and his brother, and the inequalities of distribution of shares was compensated monetarily, then there was no transfer within the meaning of Section 2(47) - Amount not taxable.

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