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Transaction value under s.15(1) governs unrelated sales; valuation between related parties per Rule 28; consignment note required for unregistered rec...
Since the assessee has acquired the right in the flat in the...
Capital Gain from Cooperative Housing Flat Classified as Long-Term Since Share Certificate Allotment Date.
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Income TaxMay 25, 2016Case LawsAT
Since the assessee has acquired the right in the flat in the CGHS from the date of allotment of share certificate in his favour, the capital gain accrued to the assessee is in the nature of long term capital gain - AT
Since the assessee has acquired the right in the flat in the CGHS from the date of allotment of share certificate in his favour, the capital gain accrued to the assessee is in the nature of long term capital gain - AT
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