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Income Tax - Highlights / Catch Notes

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Capital gain - real owner of property - Addition in the hands of ...

Income Tax

December 6, 2023

Capital gain - real owner of property - Addition in the hands of AOP or members of AOP - once the share of the respective member is allotted by the AOP then the AOP cease to be the owner of the property in question from the year 1999 with respect to the shares which were allotted by issuing the allotment letter. - HC

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