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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Rental receipts from letting out commercial properties is ...


Income from leasing commercial properties classified as business profits, not house property income.

January 9, 2017

Case Laws     Income Tax     AT

Rental receipts from letting out commercial properties is assessable under the head income from profits & gains of business or profession and not as income from house property - AT

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