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Man sells ancestral land for Rs 8 cr, claims LTCG; tax dept rejects & adds Rs 6.36 cr

viaTimes of India5 Oct
Man sells ancestral land for Rs 8 cr, claims LTCG; tax dept rejects & adds Rs 6.36 cr
In the tax return that he filed, the man declared LTCG of Rs 7.73 crore after accounting for certain expenses. He claimed tax exemptions of Rs 2.64 crore under Section 54F, which r

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