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Office land sold by bank would be taxable as capital gains and not as business income

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  • Office land sold by bank would be taxable as capital gains and not as business income
Posted onon January 13, 2017

Tenet Tax Daily January 11 2017

By tenettax-team
Corporate Tax

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No penalty under sec. 271F if there is reasonable cause for belated filing of return in search cases
Continuous payments made to transporters would be aggregated to consider TDS limit under sec. 194C

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