Accrual of capital gain - property given for development of a ...
Capital gains taxed only on profits from selling built-up areas in multi-story developments per income tax laws.
June 26, 2014
Case Laws Income Tax AT
Accrual of capital gain - property given for development of a multi-storied - Only the profits accrued on the sale of the built up area during the year shall be subject to tax - AT
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