Characterization of income - Income from giving furniture on ...

Income Tax

October 1, 2019

Characterization of income - Income from giving furniture on hire - 'Income from Other Sources’ - Furniture and fixtures are business assets of the assessee, hence, income generated from giving furniture on hire is business income of the assessee.

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Characterization of income - Income from giving furniture on ...

Income Tax

October 1, 2019

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