The treatment given in the books of account is not a sole factor ...

Income Tax

March 13, 2015

The treatment given in the books of account is not a sole factor to determine the year in which land was converted into ‘stock-in-trade’ but series of events undertaken, facts and circumstances of the case which are very much relevant while considering the year in which “capital asset” is converted into “stock-in-trade” - AT

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The treatment given in the books of account is not a sole factor ...

Income Tax

March 13, 2015

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