Section 45 of ITA, 1961 : Section 45: Capital Gains
ITA, 1961
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Explanation using Example
Example Scenario for Section 45 of The Income-tax Act, 1961:
Raj owns a residential property that he purchased in 2010 for INR 50 lakhs. In 2023, he decides to sell the property for INR 80 lakhs. The profi...
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