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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Nature of the transaction - lease agreement or in the nature of ...

Case Laws     Income Tax

September 26, 2015

Nature of the transaction - lease agreement or in the nature of transfer of capital assets - the leasehold right, given to SGL for a period of ten years, of the plant and machinery along with land and building, is not a 'capital asset' within the meaning of Section 2(14)(a) - HC

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