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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Transfer of development rights - whether could be treated as ...

Income Tax

July 17, 2015

Transfer of development rights - whether could be treated as sale consideration in the circumstances of the case? - . Since the assessee failed to sell any such rights in the two years in question, the advances received cannot be classified as income. - HC

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