Sale of capital assets give rise to capital gains only !


Sri Rajiv Banerjee of Kolkata asks “I am doing business of bags,it is proprietorship business in year 1999 i invest in a agricultural land of amount 10 lakhs by my name(it was not registered by the name of company,registered by my name) which is in 8km of municipal limit.i had sold this land 2 months now i…

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