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Income Tax - Highlights / Catch Notes

Home Highlights November 2011 Year 2011 This

Income from property - Licence fee - management and day to day ...


Hotel Operations Income Taxed as Business Income, Not Property Income, Affecting Reporting and Tax Obligations.

November 19, 2011

Case Laws     Income Tax     HC

Income from property - Licence fee - management and day to day running of the properties being used as hotels etc. - taxable under the head ‘income from business or profession’.... - HC

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