Income from sale of leased out land - Long term capital gain or ...
Leased Land Sale Income Classified as Long-Term Capital Gains, Subject to Section 45(1) Tax Provisions.
April 27, 2018
Case Laws Income Tax AT
Income from sale of leased out land - Long term capital gain or income from other sources - consideration received for relinquishing the rights in property attracted provisions of section 45(1) making it liable to capital gains tax. - AT
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