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Income Tax - Highlights / Catch Notes

Home Highlights May 2012 Year 2012 This

Agricultural income Vs. Business income - Sale of palm oil - ...


High Court Rules Palm Oil Extraction as Business Income, Not Agricultural; Affects Tax Exemptions Under Income Tax Laws.

May 21, 2012

Case Laws     Income Tax     HC

Agricultural income Vs. Business income - Sale of palm oil - activity of extracting crude palm oil from palm pericarp(fruit portion excluding the kernel) and also from the kernel - not an agriculture income - HC

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