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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Adventure in the nature of trade or sale of capital asset - sale ...


Property Sale After Flat Construction Not an Adventure in Trade; No Conversion of Capital Assets to Stock.

November 18, 2013

Case Laws     Income Tax     AT

Adventure in the nature of trade or sale of capital asset - sale of property after getting the flats constructed - is it a case of coversion of capital assets into stock in trade - Held no - AT

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