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Franchise Sold

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 July 2010 What is the Taxability of Franchise sold?
is it taxable under capital gain or business income? & under what section?
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CA KISHORE VANAMA

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CA KISHORE VANAMA (Expert)
17 July 2010 In my opinion it comes under business income

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