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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - as two Authorities under the Act have ...

Income Tax

March 23, 2015

Exemption u/s 11 - as two Authorities under the Act have concurrently come to a finding of fact that the amounts received by the respondent-assessee on account of letting out of its property is income taxable under the head "income from house property". Thus, no occasion to apply Section 11A (4) - HC

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