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Income Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Eligibility for benefit U/s 11 - transaction of the sale of the ...

Income Tax

November 4, 2015

Eligibility for benefit U/s 11 - transaction of the sale of the land by the assessee in a wise manner by applying commercial prudence is only an activity which is incidental to the main objects of the assessee - proviso of Section-2(15) will not be applicable - AT

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