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Amount demolish shop tax applicable

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(Querist)
02 July 2024 Sir,
Assessess rs:15 lacs amount from govt purpose for assessess shop demolish.
Question:
Assessess received amount tax applicable
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
02 July 2024 Anything extra than actual expense/cost would be chargeable to tax.

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