Taxability where Stamp Duty Value higher than Sale Consideration Income Tax Act has broadly defined taxability of income under five heads of Income. One of them is Capital Gain, where gains arising out of the sale of capital assets are taxable in the hands of the seller of the capital asset. However, with the intention of tax evasion, assesses started entering into an agreement […]
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Taxability where Stamp Duty Value higher than Sale ConsiderationAnand Gupta
TaxGuru