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Income Tax - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Nature of activity - Capital Gains/loss or income from business ...

Case Laws     Income Tax

December 30, 2019

Nature of activity - Capital Gains/loss or income from business - sale of flats - there is a merit in the contentions of the assessee that if the intentions were to deal on a systematic and repetitive manner, then no businessmen will lock its funds for three years for his trading activities.

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