Capital gain valuation (Immovable Property) as per IT Act 1961

Mohammed Ibrahim , Last updated: 01 November 2021  
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1.0: Capital gain is the amount by which the selling price of an asset exceeds the purchase price; the gain is realized when the asset is sold. (Word web Dictionary). 1.1: Long term capital assets as per Income-tax Act, 1961 (hereinafter referred to as The Act) Any capital asset held by a pers

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Published by

Mohammed Ibrahim
(Registered WT Valuer - Arbitrator - Architect.)
Category Income Tax   Report

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