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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Income from house property - property given to sister concern ...


Property Income Assessed for Sister Concern: Deemed Interest on Investments Included at 8.5% Rate.

September 16, 2017

Case Laws     Income Tax     AT

Income from house property - property given to sister concern without charging any Interest - inclusion of Interest of investments (deemed income) - Estimation of Annual Value - determination of rate of interest for addition - 8.5% additions confirmed.

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