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Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Transfer of capital asset - Agricultural land transferred to AOP ...


High Court Confirms Additions: Agricultural Land Transferred to AOP, Converted to Industrial Land Without Formal Agreement.

July 13, 2013

Case Laws     Income Tax     HC

Transfer of capital asset - Agricultural land transferred to AOP and changed to industrial land - there is no conveyance by the appellant in favour of AOP, nor there is any agreement between the appellant and the AOP - additions confirmed - HC

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