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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Sale of rubber tress - Agricultural income or not - The amount ...


Taxpayer's Rubber Tree Sale Proceeds Deemed Capital Receipts, Not Agricultural Income Over Three Years.

January 6, 2014

Case Laws     Income Tax     AT

Sale of rubber tress - Agricultural income or not - The amount received by the assessee on sale of old rubber trees in the three years under consideration constitutes capital receipts - AT

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