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Income Tax - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Nature of Rental income - The business of the company is to ...


Rental Income from Property Leasing Classified as Business Income for Tax Purposes.

August 13, 2016

Case Laws     Income Tax     SC

Nature of Rental income - The business of the company is to lease its property and to earn rent and therefore, the income so earned should be treated as its business income. - SC

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