Capital Gains – Cost Of Indexation – Base Year – Previous Owner Acquired Year
Income Tax – Capital Gains Asset Acquired From Previous owner Base Year for Indexation Purposes R. S. Kohil Base year for indexation should be determined with reference to the year in which asset was first held by previous owner – Recent Judgment of Mumbai High Court. In CIT v. Manjula J.Shah (2011) 42 (1) ITCL […]
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