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Income Tax - Highlights / Catch Notes

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Reopening of assessment u/s 147 - Taxability of capital gains in ...

Income Tax

June 15, 2023

Reopening of assessment u/s 147 - Taxability of capital gains in the capacity of a Legal Representative of deceased assessee [mother] - one of the co-owners is solely picked out - it would be travesty of justice if one of the co-owners is solely picked out and an enhanced income for the same property is attributed in his hands. - AT

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