Nature of rental income - Letting-out/renting-out the property ...
Company's Rental Income Classified as Business Activity; Claimed as Income from Business and Profession.
September 7, 2018
Case Laws Income Tax AT
Nature of rental income - Letting-out/renting-out the property was in fact business of the assessee-company. Therefore, same was correctly claimed by assessee-company as income from business and profession.
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