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Agricultural land converted into residential plot prior to sale – No. Sec 54B relief
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Corporate Tax
Agricultural land converted into residential plot prior to sale – No. Sec 54B relief
Posted on
on
November 4, 2019
Tenet Tax Daily October 31 2019
By
tenettax-team
Corporate Tax
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Merely having entries in books of account cannot make loan genuine – Financial capacity of lenders should be proved
Date of intimation u/s 143(1) would be taken as date from which Limitation period for sale of attached property is to be computed