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Income Tax - Highlights / Catch Notes

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Capital gain arising on sale of agricultural land - Some of the ...


Tax Implications of Agricultural Land Sales Questioned Due to Misclassification as Residential Land by Sub-registrar Office.

March 26, 2015

Case Laws     Income Tax     AT

Capital gain arising on sale of agricultural land - Some of the lands sold by the assessee have been categorized as “residential land” by the Sub-registrar Office for the purpose of collection of Stamp duty and hence such classification would not determine the character of land - AT

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