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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Joint development agreement - having handed over the possession ...

Case Laws     Income Tax

June 18, 2014

Joint development agreement - having handed over the possession of the vacant land to the developer on promise to be handed over four flats equivalent to 40% of the value of the property to be constructed, it was a clear case of transfer by exchange within the meaning of S.2(47)(i) - AT

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