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Daily Archives: June 14, 2017
Final Notification u/s 10(38)
The Finance Act, 2017 (“FA 2017”) brought an important amendment to section 10(38) of the Income‑tax Act, 1961 (“the Act”) to provide that exemption of Long Term Capital Gains (‘LTCG’) under this section arising on transfer of equity shares acquired … Continue reading
Posted in Direct Tax