Merely because of the fact that the land was sold in a short ...

Selling Land Quickly Isn't Always Taxable Profit: Understanding Trade-Related Income Classification Rules.

September 17, 2016

Case Laws Income Tax AT

Merely because of the fact that the land was sold in a short period of holding, it cannot be held that income arising from the sale of land was taxable as profit arising from the adventure in the nature of trade - AT

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Merely because of the fact that the land was sold in a short ...

Selling Land Quickly Isn't Always Taxable Profit: Understanding Trade-Related Income Classification Rules.

September 17, 2016

Case Laws Income Tax AT

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