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(Querist)
12 July 2013 Sir,


I had a invts costing 10 lacs. i sold it at a price of 14,10,065. does ltcg occured here and if not how should i treat the profit on redemption i.e. 4,10,065. and its a charitable trust

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Anil Sankar V

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Anil Sankar V (Expert)
12 July 2013 the income shall be exempt, if fulfilled the requirements of trust
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