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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Merely because the assessee had divided bigger plot into small ...

Income Tax

July 18, 2016

Merely because the assessee had divided bigger plot into small plots does not establish the same to be business activity carried on by the assessee or adventure in the nature of trade, keeping in view the other circumstances of the case. - AT

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