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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Whether the sale of property was adventure in the nature of ...


Court Rules Agricultural Property Sale Not a Business Activity, Affecting Tax Implications Under Relevant Law.

January 31, 2014

Case Laws     Income Tax     HC

Whether the sale of property was adventure in the nature of trade - Held no - The sale of agricultural plot was not by way of business purpose - HC

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