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[Cites 0, Cited by 0] [Section 229] [Entire Act]

Union of India - Subsection

Section 229(8) in The Income Tax Act, 2025

(8)Any profits or gains arising from the transfer of a capital asset being an asset forming part of the block of qualifying assets shall be chargeable to income-tax as per sections 67 and 74, and the capital gains so arising shall be computed as per sections 67 to 81.