Even in a case where there is evidence to prove that an ...
Industrial Gala Sale: Unused for Years, Short-Term Capital Gain u/s 50 Applied.
October 13, 2017
Case Laws Income Tax HC
Even in a case where there is evidence to prove that an industrial gala which was once used for business is not used for business for many years, the gain on sale thereof will attract the provisions of section 50 and will consequently be short term capital gain - HC
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