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Enhanced compensation received on transfer of tenancy rights in a land is liable to capital gains tax

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Posted onon January 2, 2015

Tenet Tax Daily January 01 2015

By tenettax-team
Corporate Tax

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Unexplained cash and jewellery seized from partners couldn’t be adjusted against tax liability of the firm
Sum paid without deduction of tax shall not be disallowed if payee files Form No. 15G/H belatedly

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