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Tax Implication

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 June 2010 A is a professional person.
A dies and B, his wife sells the professional depreciable assets.
What is the tax treatment of the sale proceeds in the hands of the spouse.
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
23 June 2010 It is the sam which was there in the hands if A would have alive

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