TMI BlogWhen there is a transfer of capital asset being land together with building and where the land is held...When there is a transfer of capital asset being land together with building and where the land is held for a period of more than 36 months and the building held for less than 36 months, the capital gain on land and building has to be bifurcated as one relating to land and the other relating to building - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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