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Land intended to be used for commercial purpose at time of sale can’t be deemed as agricultural land

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  • Land intended to be used for commercial purpose at time of sale can’t be deemed as agricultural land
Posted onon November 4, 2016

tenet-tax-daily-august-12-2016

By tenettax-team
Corporate Tax

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No deemed dividend if transaction of advance was made between companies for business expediency
Cash deposits in bank can’t be held as undisclosed income without verifying source of deposits

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