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M. SYAMALA RAO versus COMMISSIONER OF INCOME-TAX


Benefits in the capital Short-term or long-term capital gains The sale agreement was made by the seller on 1 5 1962, and the possession of the land provided to the reviewer on the same date is registered on 8 6 1979. On which the sale agreement was executed. Assisi is considered to have been the owner of the property since 1965, which had been owned by Assisi for more than 36 months, after converting the country into plots and selling short-term capital gains to Guinness. Should not be used as. Act, 1961, section 45

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