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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Taxability of the receipts by a cooperative housing society from ...


High Court Rules Cooperative Housing Society's Premium from Plot Transfer Not Taxable Income.

July 27, 2015

Case Laws     Income Tax     HC

Taxability of the receipts by a cooperative housing society from a portion of sale consideration received by its member at the time of transfer of the plot - Addition on account of premium account received for transfer of plots - Not taxable - HC

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