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Income Tax - Highlights / Catch Notes

Home Highlights September 2014 Year 2014 This

The cutting of trees, leaving the stump as required by the ...


High Court Rules Tree Cutting for Personal Wood Use Not Business Income, Stumps Required by Forest Dept. Guidelines.

September 28, 2014

Case Laws     Income Tax     HC

The cutting of trees, leaving the stump as required by the condition imposed by the forest department is not for generating income out of the trees, but for felling of the wood for own consumption - it is not a case of business income - HC

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