Correct Head of income - sale of land - the order of the CIT (A) ...

Commissioner's Decision Overturned: Land Sale Gains to Be Taxed as Capital Gains, Not Business Income.

January 28, 2019

Case Laws Income Tax AT

Correct Head of income - sale of land - the order of the CIT (A) in treating it as a business income is reversed and the assessee’s claim for taxability of such gain on sale of land under the head capital gain is affirmed.

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Correct Head of income - sale of land - the order of the CIT (A) ...

Commissioner's Decision Overturned: Land Sale Gains to Be Taxed as Capital Gains, Not Business Income.

January 28, 2019

Case Laws Income Tax AT

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