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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Sale of wastages - revenue v/s capital receipt - If it is sale ...

Case Laws     Income Tax

October 23, 2015

Sale of wastages - revenue v/s capital receipt - If it is sale of waste materials generated during the course of construction activities, it would reduce the cost of project; otherwise it would also be revenue receipt. - AT

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