Section 51, Monies Forfeited Characterized With Other Sources

riddhi vasistha , Last updated: 18 July 2014  
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Finance bill 2014 has proposed to enhance the area of section 51, Forfeiture of advance money received in process of transferring a capital asset. The modification will elevate tax collection and is therefore to the benefit of the Revenue Department. It also helps them to receive tax at an early sta

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Published by

riddhi vasistha
(trainee)
Category Income Tax   Report

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