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Selling various small properties acquired from sale of land is not treated as business activity

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Posted onon August 27, 2019

Tenet Tax Daily August 27 2019

By tenettax-team
Corporate Tax

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Section 54 relief not to be denied merely because assessee claimed exemption under wrong sub section
Statement recorded of third person if additions were made after finding of facts – Sec. 69 rightly invoked

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