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Income Tax - Highlights / Catch Notes

Home Highlights March 2013 Year 2013 This

Section 50C would have no application when it was a case of ...


Section 50C Exemption: Plot Transfers Treated as Business Income Not Subject to Provisions.

March 25, 2013

Case Laws     Income Tax     AT

Section 50C would have no application when it was a case of transfer of plot which was stock in trade and the income from such transaction was treated as business income. - AT

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