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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Applicability of the provisions of sec.50 - transaction of sale ...

Income Tax

March 3, 2016

Applicability of the provisions of sec.50 - transaction of sale of land and building - When an asset has not entered the block, then the question of application of Explanation 5 to sec. 32(1) shall not have application - AT

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