Taxability of Real Estate transactions
Taxability of Real Estate transactions
Taxability of Real Estate transactions
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Collaboration agreement<br />
• Whether repurchase <strong>of</strong> a part <strong>of</strong> the<br />
property sold will entitle assessee to<br />
claim benefit u/s 54<br />
• Held, yes<br />
CIT v. Phiroze H. Patel (1994) 205 ITR 377 (Bom(<br />
Bom)