Trading in house property

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 January 2012 Dear Sir
PLz clear one has business of buying house property in his name and then selling again buying and selling the same ( in other word trading House Property) Wheather income from above B/s is income B/s & profession or attract Capital Gain

21 January 2012 The same is covered under income from business and profession



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