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Income Tax - Highlights / Catch Notes

Home Highlights August 2023 Year 2023 This

Estimation of notional rent - assessee had unsold closing stock ...

Income Tax

August 30, 2023

Estimation of notional rent - assessee had unsold closing stock which was kept vacant during the current Assessment Year - AO directed to estimate the rent on the basis of municipal ratable value for computing the notional rent. - AT

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