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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Revision u/s 263 - whether rental income of House property is ...

Income Tax

February 12, 2020

Revision u/s 263 - whether rental income of House property is assessable under the head “Income from House Property” or under the head “Income from business or profession”? - AO has taken one possible view - hence the order is neither erroneous nor prejudicial to the interest of revenue.

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