Case Law Details
Case Name : CIT Vs Gautam Manubhai Amin (Gujrat High Court)
Related Assessment Year :
Courts :
All High Courts Gujarat High Court
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The assessee in his individual capacity inherited the property i.e. Bungalow situated near Grid Sub-Station, village Gotri, Vadodara along with his brother on the demise of their father late Shri Manubhai G. Amin on 23.12.1998. The property was sold for a consideration of Rs.3.35 crores. Thus, the assessee calculated his share of capital gain at Rs.21,24,438/- taking the benefit of “Cost Inflation IndexPlease become a Premium member. If you are already a Premium member, login here to access the full content.
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capital gain tax on sale of agriculture land