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Construction of residential complex

This query is : Resolved 

28 December 2012 DEAR SIR,
IN CASE ,COMPLETION CERTIFICATE IS RECEIVED BEFORE 01.07.2012 HOWEVER PENDING PART AMOUNT RECEIVABLE AGAINST FLAT IS RECEIVED AFTER 01.07.2012 . THEN IS SUCH AMOUNT RECEIVED TAXABLE ..

28 December 2012 If a single rupee is collected before BU permission then entire consideration becomes taxable.



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