Treatment of income – land sold by the assesses was ...

High Court Overturns Tribunal's Decision: Land Sale Proceeds Not Business Income Due to Insufficient Evidence.

September 17, 2014

Case Laws Income Tax HC

Treatment of income – land sold by the assesses was stock-in-trade of the dissolved firm - Tribunal had no material to come to the conclusion that the land sold by the applicant/ assessee was stock-in-trade and the Tribunal was not justified to treat it as business income - HC

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Treatment of income – land sold by the assesses was ...

High Court Overturns Tribunal's Decision: Land Sale Proceeds Not Business Income Due to Insufficient Evidence.

September 17, 2014

Case Laws Income Tax HC

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