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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

The activity of breeding of horses is similar to that of poultry ...

Case Laws     Income Tax

April 8, 2016

The activity of breeding of horses is similar to that of poultry or piggeries etc. where the animals are bred for the purpose of selling. Section 74A is not applicable for such breeding activity - AT

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