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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

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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