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COMMISSIONER OF INCOME-TAX versus UNITED HOUSING CORPORATION


Reference business property building contractors build flats in pursuance of contracts and submit them to the tribunal to determine whether the proceeds from such transactions are not valid unless the flat is transferred through a registered deadline. The annual value of such properties cannot be estimated. Question of the Indian Income Tax Act, 1961, Sections 22, 28 and 256 relating to the law of his hand / section 22

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