Gain arising on the sale of land - to be taxed as ‘business ...

Case Laws Income Tax

January 15, 2019

Gain arising on the sale of land - to be taxed as ‘business income’ or not - specific verification needs to be conducted to verify whether actual intention of the assessee was to procure the land for investment or to sale it at higher profit - matter remanded back.

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Gain arising on the sale of land - to be taxed as ‘business ...

Case Laws Income Tax

January 15, 2019

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