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Income Tax - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

Nature of amount appropriated towards the Sinking Funds - The ...

Income Tax

December 8, 2016

Nature of amount appropriated towards the Sinking Funds - The income was used by the assessee and for the assessee and the assessee retained the benefit arising therefrom - it is the part of rent and taxable as revenue receipt - HC

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