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Income Tax - Highlights / Catch Notes

Home Highlights February 2018 Year 2018 This

Addition on the sale of plot of land - The nature of land had ...

Case Laws     Income Tax

February 27, 2018

Addition on the sale of plot of land - The nature of land had gone irreversible change from agricultural to residential plots - this was an adventure in the nature of trade and income has to be taxed under the head ‘profit and gains of business and profession’ - AT

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