Income from the sale of the property - capital gains or business ...

Income Tax

August 29, 2019

Income from the sale of the property - capital gains or business income - the quantum or number of investments i.e. whether the assessee invested in a single property or in many small properties to get better appreciation, does not change the nature of the investment to categorize it as business transaction - directed to treat the income from the sale of property as under the head ‘capital gain’

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Income from the sale of the property - capital gains or business ...

Income Tax

August 29, 2019

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