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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Sale of factory land at Guindy, Chennai - Capital Gain OR ...

Case Laws     Income Tax

March 15, 2016

Sale of factory land at Guindy, Chennai - Capital Gain OR business profit - without bringing any material on record merely based on some remote circumstances, an inference cannot be drawn that the Assessees indulged in an adventure in the nature of business or trade. - AT

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