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Income Tax - Highlights / Catch Notes

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Cost of acquisition - CIT(A) not accepting the value of wells, ...

Income Tax

June 23, 2020

Cost of acquisition - CIT(A) not accepting the value of wells, Baories and roads as on 01.04.1981 - The assessee may be a conservative investor and may not have invested in mutual funds, stock market or private equity, however, the same cannot be held against him unless the considerations as stated above are examined in detail.

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