TMI BlogAn isolated transactions or activity cannot be a part of business and to consider the question of...An isolated transactions or activity cannot be a part of business and to consider the question of business there must regular activity of purchasing and selling. In the present case there is no iota of evidence on the record to show that the assessee was regular in the business of purchase and sale of land or plots - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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