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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Capital gain computation - reference to DVO - fair market value ...


Court Increases Capital Gain Deduction to 30% Due to Negative Factors Affecting Land Value.

December 31, 2018

Case Laws     Income Tax     AT

Capital gain computation - reference to DVO - fair market value determination - It is just and fair to allow 30% deduction instead of 20% granted by the DVO by considering the negative factors to the land.

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