Since the building was constructed on the land given by the ...

Case Laws Income Tax

August 7, 2013

Since the building was constructed on the land given by the assessee, naturally the cost of the building has to be estimated in the hands of the M/s. Lumbini Constructions alone and proportionate share of the assessee therein, will have to be considered as price for surrendering the land. - AT

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Since the building was constructed on the land given by the ...

Case Laws Income Tax

August 7, 2013

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