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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Income from land as agricultural income or business income – ...


Debate Over Land Income Classification: Agricultural vs. Business Income Under Karnataka Land Reforms Act, 1961.

November 4, 2013

Case Laws     Income Tax     AT

Income from land as agricultural income or business income – AO's contention that the assessee cannot own agricultural land, as per the Karnataka Land Reforms Act, 1961, has no relevance to the issue on hand - AT

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