Classification of Income - Business income or income from other ...

Commercial Complex Shop Sales Classified as Business Income, Not Other Sources; Tax Implications Apply.

July 22, 2013

Case Laws Income Tax HC

Classification of Income - Business income or income from other sources - the purpose of construction of the commercial complex and the sale of shops was done with the sole intention of engaging itself into a commercial activity and the construction and sale of shops was only with a view to earn profit to increase the revenue - taxable as business income - HC

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Classification of Income - Business income or income from other ...

Commercial Complex Shop Sales Classified as Business Income, Not Other Sources; Tax Implications Apply.

July 22, 2013

Case Laws Income Tax HC

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