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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

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

Income Tax

September 17, 2016

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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