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Profit on sale of business premises

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(Querist)
19 September 2015 A Pvt. Ltd. Co. re-invest the profit on sale of business office in purchase of new office. So, it is taxable or eligible for deduction in case of Pvt. Ltd. Co. Can anybody give me answer please...
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
19 September 2015 It is taxable not eligible for any deduction.

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