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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Liability to pay capital gain tax - hypothetical income - ...

Case Laws     Income Tax

December 13, 2018

Liability to pay capital gain tax - hypothetical income - accrual of income - activity of development was not completed and assessee received nothing in lieu of execution of the development agreement - capital gain is liable to be assessed when the income will accrued to the assessee.

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