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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Sharing of rental income with the developer of land / property - ...


Court Validates Revenue-Sharing Agreement: 78% to Developer, 22% to Partner; No Overriding Title Found.

November 9, 2013

Case Laws     Income Tax     AT

Sharing of rental income with the developer of land / property - transfer of income by overriding title or not - AO himself has accepted the revenue sharing basis of 78% and 22% - claim allowed - AT

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