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Long term capital gain

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(Querist)
23 December 2013 WHETHER LETTER OF AGREEMENT WILL BE CONSIDER AS PURCHASE FOR LONG TERM CAPITAL GAIN

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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
23 December 2013 In case of capital gains date of acquisition is more important. Merely by entering into an agreement the capital asset is not acquired by the buyer.

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