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Income tax 1961

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(Querist)
08 December 2012 Can any one tell me what is the meaning of nominee under section 47 of income tax act chapter capital gain?Please reply
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
08 December 2012 Nominee means a person who has been nominated by the assessee to receive the asset.

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