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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Nature of sale of land - whether plot of land is agricultural ...

Income Tax

March 17, 2018

Nature of sale of land - whether plot of land is agricultural land or non agricultural land - classified as dry land for which Kisthu has been paid - the land in question sold by the assessee was agricultural land and cannot be held as capital asset and no capital gains are chargeable - HC

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