Income from House property or business income - allow the sister ...

Court Rules Income from Sister Concern as Business Income, Allowing Depreciation Claim for Assessee.

October 16, 2015

Case Laws Income Tax AT

Income from House property or business income - allow the sister concern to use of premises - The assessee was able to reduce its losses and get better financial results. Thus the intention of the assessee was for the purpose of business and not to earn rental income - claim of depreciation also allowed - AT

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Income from House property or business income - allow the sister ...

Court Rules Income from Sister Concern as Business Income, Allowing Depreciation Claim for Assessee.

October 16, 2015

Case Laws Income Tax AT

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