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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Deduction u/s 54B – agricultural land - It is not the fault of ...


Taxpayer can claim deduction u/s 54B for sale of agricultural land, despite non-use due to drought.

December 6, 2013

Case Laws     Income Tax     AT

Deduction u/s 54B – agricultural land - It is not the fault of the assessee if rained lands are not actually put to use during the drought - AT

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