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Income Tax - Highlights / Catch Notes

Home Highlights October 2017 Year 2017 This

Though the property was once an agricultural land, its ...

Income Tax

October 9, 2017

Though the property was once an agricultural land, its acquisition was for non-agricultural purposes, the assessee did not carry on any agricultural activity in the land and at the relevant date, viz. the date of sale, the land had ceased to be an agricultural land - HC

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