Friday, October 25, 2019

Exp. incurred towards execution of sale of property acquired under Will are deductible while computing capital gains

INCOME TAX: Where assessee sold a property acquired from his father under Will and computed capital gain after reducing payments made to charitable institutions and certain expenditure incurred towards execution of sale of property, since said payments were made as per Will, same were correctly excluded while computing capital gain on sale of property by assessee

from www.taxmann.com Latest Case Laws https://ift.tt/2WbOgNA

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