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In order to classify land as rural agricultural land, distance from the metropolitan area is not relevant
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Corporate Tax
In order to classify land as rural agricultural land, distance from the metropolitan area is not relevant
Posted on
on
July 15, 2019
Tenet Tax Daily July 11 2019
By
tenettax-team
Corporate Tax
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Since benchmarking done by assessee was accepted by the TPO penalty u/s 271G was to be deleted
Surplus arising from assignment of loan to third party is not taxable u/s 41(1)