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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Mere fact that the land in question was agricultural land cannot ...

Income Tax

August 30, 2012

Mere fact that the land in question was agricultural land cannot be a ground to claim for exemption u/s 2(14) as the land is situated within the local limits of Hyderabad Municipal Corporation, and consequently, tax leviable u/s 45 - AT

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