TMI BlogProfit from sale of flat - treated as income from capital gain OR business income - The assessee has not...Profit from sale of flat - treated as income from capital gain OR business income - The assessee has not incurred any expenses towards construction of building nor it had carried out any activity for the construction of the building - to be assessed as capital gain and not as business income - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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