Nature of Sum receive from TELCO - exploitation of the ...
Court Rules TELCO Income Not Solely House Property; It's From Commercial Asset Use in Business Operations.
October 7, 2015
Case Laws Income Tax HC
Nature of Sum receive from TELCO - exploitation of the commercial assets of the Assessee which are integral to the running of the business - It would be erroneous to treat the entire income received from TELCO as income from house property as has been sought to be done by the AO. - HC
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