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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Sale of premises - Long Term Capital Gain OR Business Income - ...

Case Laws     Income Tax

October 27, 2015

Sale of premises - Long Term Capital Gain OR Business Income - assessee has rightly offered to tax income from rent as ‘Income from House Property’ but that will not change character of the asset from business trading asset ie WIP to ‘investment’ - AT

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