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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

When there is a transfer of capital asset being land together ...

Income Tax

March 31, 2015

When there is a transfer of capital asset being land together with building and where the land is held for a period of more than 36 months and the building held for less than 36 months, the capital gain on land and building has to be bifurcated as one relating to land and the other relating to building - AT

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