Sale of land after converting it into plots - since sale of ...

Land Sale as Capital Gains: Single Plot Sale Classified as Taxable Capital Gains, Not Business Income.

September 3, 2013

Case Laws Income Tax AT

Sale of land after converting it into plots - since sale of plot was a solitary transaction and was completed within a short period, therefore, surplus resulting from such transaction was held to be taxable as capital gains and not as business income - AT

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Sale of land after converting it into plots - since sale of ...

Land Sale as Capital Gains: Single Plot Sale Classified as Taxable Capital Gains, Not Business Income.

September 3, 2013

Case Laws Income Tax AT

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