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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Civil contract works – Estimation of income @ 8% - Purchase of ...


Separate Accounting for Land Transactions in Civil Contract Works: Income Estimated at 8.

December 3, 2013

Case Laws     Income Tax     AT

Civil contract works – Estimation of income @ 8% - Purchase of land and sale of land is a separate business activity and, therefore, the profits or losses on that business activity has to be considered separately. - AT

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