Nature of income on sale of flat – Exemption u/s 54 claimed - ...

Income from Flat Sale Treated as Business Income, Section 54 Capital Gains Exemption Not Applicable.

November 6, 2013

Case Laws Income Tax AT

Nature of income on sale of flat – Exemption u/s 54 claimed - income is in the nature of business, therefore, the deduction u/s 54 not applicable - AT

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Nature of income on sale of flat – Exemption u/s 54 claimed - ...

Income from Flat Sale Treated as Business Income, Section 54 Capital Gains Exemption Not Applicable.

November 6, 2013

Case Laws Income Tax AT

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