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Capital gain

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(Querist)
01 February 2012 there were 4 co-owner of particular property say 'A', 'B', 'C' & 'D'. 'A' fraudulently transfer the property in his own name. after some period he decides to give some compensation to other 3 remaining persons.
so my query is, weather such expenses are allowable him while calculating capital gain or in any other way.......
please provide me the related provision too.....
thank you.
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CMA Ashutosh Kumar Gupta

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CMA Ashutosh Kumar Gupta (Expert)
02 February 2012 Transfer being fraudulent means no legal transfer to A hence no question of taxation or any other obligation except to face the punishment per law prevailing towards fraudulent actions by A.
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ajay makhecha

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ajay makhecha (Querist)
02 February 2012 but he already got the title of property. then............????
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