Assessee has offered the gross amount on sale of land/ ...
Assessee Claims Revenue Receipts from Land Sale; Warns Against Double Taxation on Land Costs.
June 27, 2014
Case Laws Income Tax AT
Assessee has offered the gross amount on sale of land/ building/IT Park as revenue receipt for taxation purposes and there is no deduction of land cost from it, taxing the cost of the land once again amounts to double taxation - AT
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