Addition of income - notional and estimated rent - once the...
Property for Staff Housing Not Taxable u/s 22: No Rent Charged for Security and Driver Accommodation.
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Income TaxDecember 13, 2019Case LawsAT
Addition of income - notional and estimated rent - once the property in question is shown by the assessee as part of its fixed assets and it was used only for the stay of the security guard and driver of the assessee without charging any rent then said property cannot be assessed to income tax u/s 22
Addition of income - notional and estimated rent - once the property in question is shown by the assessee as part of its fixed assets and it was used only for the stay of the security guard and driver of the assessee without charging any rent then said property cannot be assessed to income tax u/s 22
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