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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Disallowance of deduction u/s 48(i) - computation of capital ...

Income Tax

January 22, 2019

Disallowance of deduction u/s 48(i) - computation of capital gain - the expenditure incurred is wholly and exclusively in connection with the transfer of shares of the Indian Subsidiary. Hence, qualifies for deduction u/s 48(i).

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