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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Sale of development rights is to be taxable as long term capital ...

Income Tax

June 8, 2016

Sale of development rights is to be taxable as long term capital gain and not as income from other sources as held by AO. - The consequential deductions/exemptions u/s. 54 of the Act etc. will be allowed to the assessee - - AT

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