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Income Tax - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Disallowance of cost of construction cost of improvement of ...

Income Tax

December 16, 2019

Disallowance of cost of construction cost of improvement of property while computing the Long Term Capital Gain - since it is a case of construction of boundary wall, therefore, the non-mentioning of the same in the sale deed will not ipso fact lead to the conclusion that boundary wall was not in existence on the plot of land.

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