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    Relying on the principles of real income theory, Bombay High Court rules that the amount withdrawn from escrow account shall be reduced from sale consideration for computing capital gains and hence not taxable    An individual promoter
Aurtus Direct Tax Alert Shailendra padhiyar Aurtus Direct Tax Alert Shailendra padhiyar

Relying on the principles of real income theory, Bombay High Court rules that the amount withdrawn from escrow account shall be reduced from sale consideration for computing capital gains and hence not taxable

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