Indirect transfer


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Querist : Anonymous

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Querist : Anonymous (Querist)
15 October 2011 Suppose X transfer an asset worth Rs. 25000 to Mrs. A and in return A transfer an asset worth Rs. 50000 to Mrs. X.
Whether the indirect transfer in such case amounts to Rs. 25000 or 50000?

15 October 2011 in this case amount of indirect transfer will be RS. 25000/-



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