Period of Holding computed from the Original date of Acquisition of Property: ITAT [Read Order]

The Mumbai Bench of the Income Tax Appellate Tribunal in the case of Adi D Vachha v. ITO held that period of holding the asset has to be computed not from the date when MoU was cancelled in the year 2004 but from the original date of acquisition of property. The AO noticed that the […]

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