Compensation received on surrender of tenancy rights - ...

Tenancy Rights Compensation Taxable for Individual Partners, Not Firm, Despite Firm Paying Rent.

April 16, 2015

Case Laws Income Tax HC

Compensation received on surrender of tenancy rights - Taxability in the hands or in the hands of Firm - who is the owner of tenancy right - Payment of rent by Firm and claimed as expenditure - the tenancy of the rental premises belonged to the individual partners and not to the Firm - HC

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Compensation received on surrender of tenancy rights - ...

Tenancy Rights Compensation Taxable for Individual Partners, Not Firm, Despite Firm Paying Rent.

April 16, 2015

Case Laws Income Tax HC

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