Capital Gain in lieu of surrender the right to lift the water ...

Capital Gain Not Applicable for Well Water Rights Surrendered for Road Widening: Sections 45(1) & 48(1) Exempt.

October 12, 2012

Case Laws Income Tax AT

Capital Gain in lieu of surrender the right to lift the water from well filled for widening of road. - Sec. 45(1) r.w.s. 48(1) are not applicable - AT

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Capital Gain in lieu of surrender the right to lift the water ...

Capital Gain Not Applicable for Well Water Rights Surrendered for Road Widening: Sections 45(1) & 48(1) Exempt.

October 12, 2012

Case Laws Income Tax AT

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