Selling of trees which were grown spontaneously for which there ...

Spontaneously Grown Trees: Sale Not Taxable Due to Zero Acquisition Cost, Considered Capital in Nature.

August 19, 2013

Case Laws Income Tax AT

Selling of trees which were grown spontaneously for which there is no cost of acquisition - sale of trees grown spontaneously has to be treated as capital in nature and since there is no cost of acquisition, it is not liable for taxation. - AT

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Selling of trees which were grown spontaneously for which there ...

Spontaneously Grown Trees: Sale Not Taxable Due to Zero Acquisition Cost, Considered Capital in Nature.

August 19, 2013

Case Laws Income Tax AT

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