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Income Tax - Highlights / Catch Notes

Home Highlights June 2017 Year 2017 This

The consideration received by the assessee on sale of ...


Taxpayer's Sale of Development Right Not Subject to Capital Gains Tax Under Development Control Regulations.

June 8, 2017

Case Laws     Income Tax     AT

The consideration received by the assessee on sale of development right which was acquired under Development Control Regulations is not assessable for capital gain tax. - AT

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