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Version No. 101Sale of Land Act 1962 Act No. 6975/1962 Version incorporating amendments as at 1 July 1997 TABLE OF PROVISIONS Section 1. Short title and commencement 2. Definitions Page 1 1PART 1SALE
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Part 1 sale of land refers to the section of the tax form where the sale of land is reported.
Property owners who have sold land during the tax year are required to file part 1 sale of land.
Part 1 sale of land can be filled out by providing details of the land sale such as sale price, date of sale, and any related expenses.
The purpose of part 1 sale of land is to report the sale of land for tax purposes and to calculate any applicable capital gains tax.
Information such as sale price, date of sale, expenses related to the sale, and any capital gains or losses must be reported on part 1 sale of land.
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