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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Capital Gain on sale of trees - the legal position with regard ...


Capital Gains from Old Grevelia Tree Sales Remain Untaxed, Consistent with Prior Case Law Despite New Officer's Views.

September 19, 2012

Case Laws     Income Tax     AT

Capital Gain on sale of trees - the legal position with regard to the taxability of the old Grevelia trees cannot be changed in the year under consideration, merely because the present AO has a different view. - AT

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