Sponsored
    Follow Us:

Case Law Details

Case Name : CIT Vs Machino Techno Sales Ltd. (Calcutta High Court)
Related Assessment Year : 2005-06
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

CIT Vs Machino Techno Sales Ltd. (Calcutta High Court)

Whether area sharing by the land owner is eligible to be treated as capital gains in a development agreement and not business income?

The division bench of Calcutta high court in this case was considering appeal of department where the ITAT Kolkata benches held that the return which was received by the Respondent on account of area sharing of land was taxable as capital gains in view of the fact that the land was used as a capital asset for the pu

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31