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Income Tax - Highlights / Catch Notes

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Capital asset u/s 2(14) - Claim of exemption of capital gains on ...

Income Tax

October 11, 2014

Capital asset u/s 2(14) - Claim of exemption of capital gains on sale of land – nature of land – Agricultural or not – land was used for conducting football tournament and they themselves described the land in the conveyance deed as stadium land - not the agriculture land - HC

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