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Income Tax - Highlights / Catch Notes

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LTCG on deemed sale of jewellery - Shortage in Jewellery ...

Income Tax

May 24, 2023

LTCG on deemed sale of jewellery - Shortage in Jewellery detected during search and quantity declared in wealth tax return - whether the AO can resort to determination of notional LTCG or not? - HELD No - AT

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