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Thereby if in almost any thirty day period, the Restrict of Rs. 50 lakhs isn't crossed although the turnover is much more than Rs. 6 crores in the economical 12 months, Rule 86B won't must be complied with.Understood doesn't offer tax or authorized information. This content will not be a substitute for trying to find the recommendation of a profess

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Subsequently, the entire sale thought was regarded as capital gains. Had the property been bought soon after three many years , ie soon after June 2018, then in this kind of situation the cost of acquisition can be offered being a deduction and funds gains would cut back.  It’s no key that corporations will normally shell out large bucks to ama

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