Scope of the Term sale u/s 2(47) - sale of land – advance ...

"Sale" Definition in Section 2(47) Clarified: Advance Received Without Land Possession Isn't Taxable Income.

June 20, 2014

Case Laws Income Tax AT

Scope of the Term sale u/s 2(47) - sale of land – advance received by the assessee but possession was not given - not taxable as income did not accrue - AT

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Scope of the Term sale u/s 2(47) - sale of land – advance ...

"Sale" Definition in Section 2(47) Clarified: Advance Received Without Land Possession Isn't Taxable Income.

June 20, 2014

Case Laws Income Tax AT

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