Case Law Details
Case Name : CIT Vs Machino Techno Sales Ltd. (Calcutta High Court)
Related Assessment Year : 2005-06
Courts :
All High Courts Calcutta High Court
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
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.