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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Income/loss from letting out of multiplex/shopping mall and ...

Income Tax

August 24, 2015

Income/loss from letting out of multiplex/shopping mall and cinema theatre along with amenities - The very object is the commercially exploitation of the properties. - the income/loss from the multiplex is liable to be assessed as “business income/loss" and not as "income from house property" - AT

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