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Capital gain or business income

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 March 2018 Mr. A develop his residential property and constructed residential flats. The flats are now sold to buyer.
Income from that transaction computed under which head capital gain or business?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
06 March 2018 It's a business income.

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