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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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  • In order to classify land as rural agricultural land, distance from the metropolitan area is not relevant
Posted onon 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)

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