Capital gain computation on sale of shares - only because of one ...
Taxpayer's Capital Gains Impacted by Unmet CCD Transfer Condition, Shares Sold at Reduced Price within Group Entities.
March 18, 2019
Case Laws Income Tax AT
Capital gain computation on sale of shares - only because of one of the condition was not satisfied for transfer of CCDs, therefore, assessee had to sell the shares at a lower price - Merely because transaction was carried-out within the Group concerns, by itself, is no ground to reject the explanation of assessee.
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