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Sale of land to be taxed as capital gain when it was held as investment which subjected to wealth tax

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  • Sale of land to be taxed as capital gain when it was held as investment which subjected to wealth tax
Posted onon August 12, 2017

Tenet Tax Daily July 29 2017

By tenettax-team
Corporate Tax

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SetCom application rejected as assessee claimed to be involved in hedging as broker but failed to substantiate it
Time take to upgrade rig to make it ready to use should be considered to determine PE status

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