Agricultural Land Income Exempted from Tax cannot be Added to Book profits us 115 JB of Income Tax Act: Delhi HC
Out of certain specific exempt incomes given under Income Tax Act, 1961, Agricultural Income is one of the most important one. As per Section 10(1) of the Income Tax Act, agricultural income is exempt from income tax and is not included in the total income while...What is indexation in capital gains
Assets creation is considered as one of the important achievements for any person. Once you have created an asset, its value appreciation or depreciation depends on the factors related to it. At the time of selling or disposing off such asset, one may have to bear...
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