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short term capital gain

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(Querist)
01 July 2009
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CA.Tarun Maheshwari

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CA.Tarun Maheshwari (Expert)
01 July 2009 Yes. Income tax department can ask about the sources of investment. You must have the documents or bank statements etc. proving the sources of money got by your sister, whatever be the nature of it. It must have some logical sources.

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