Nature of activity - service or sale - "lease of 999 years" is equivalent to "sale" or not - renting of immovable property service or not - the lump sum payment becomes liable to tax under Finance Act, 1994 in addition to the periodic payments.
Nature of activity - service or sale - "lease of 999 years" is equivalent to "sale" or not - renting of immovable property service or not - the lump sum payment becomes liable to tax under Finance Act, 1994 in addition to the periodic payments.
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