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Income Tax - Highlights / Catch Notes

Home Highlights October 2012 Year 2012 This

Exemption u/s 54EA - Joint development agreement - sale of flats ...


Court Clarifies: Section 54EA Net Consideration Includes Non-Cash Payments in Joint Development and Flat Sale Cases.

October 30, 2012

Case Laws     Income Tax     HC

Exemption u/s 54EA - Joint development agreement - sale of flats - The definition of net consideration does not refer that the consideration should be received in cash only. - HC

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