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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Disallowance of expense of forfeited advance for purchase of ...

Case Laws     Income Tax

February 26, 2019

Disallowance of expense of forfeited advance for purchase of land - the loss was made in the ordinary course of real estate business of assessee and was also incidental to the said business - claim allowed.

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