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Income Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Addition on account of notional rent in respect of vacant ...

Income Tax

November 21, 2019

Addition on account of notional rent in respect of vacant property of the assessee - the property was available for rent but was lying vacant for the entire year - after applying provisions of section 23(1)(c) it is to be accepted that rental income from the vacant property is ‘nil’.

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