Rental income received from Directors - Even though assessee has ...

Rental Income from Directors Taxed as House Property, Not Business Income, Due to Lack of Business Activity.

June 23, 2018

Case Laws Income Tax AT

Rental income received from Directors - Even though assessee has offered the income under the head "business and profession‟, however, no depreciation has been claimed as per I.T. provisions - The company is not doing any sort of business from many years. - Taxable as income from house property.

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Rental income received from Directors - Even though assessee has ...

Rental Income from Directors Taxed as House Property, Not Business Income, Due to Lack of Business Activity.

June 23, 2018

Case Laws Income Tax AT

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