TMI BlogHousing Society's Builder Payment Not Taxable as Capital Gain Under IT Act Sections 2(14) and 45.CGH Society allows builder to construct building, Sum received from builder is not taxable as Capital gain as no capital asset u/s 2(14) & no transfer u/s 45 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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