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Capital gain - The Builder's agreement with respect to share in land and transfer of land under the impression that land itself has been converted into 'stock in trade' is nothing but a colourable transaction and it amounts to fraud. - HC

Income Tax - Capital gain - The Builder s agreement with respect to share in land and transfer of land under the impression that land itself has been converted into stock in trade is nothing but a colourable transaction and it amounts to fraud. - HC - TMI Updates - Highlights .....

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