Correct head of income - Receipt by way of an option agreement ...

Option Agreement Receipt Not Taxable as House Property Income; Considered Under Other Income Sources Instead.

April 24, 2020

Case Laws Income Tax AT

Correct head of income - Receipt by way of an option agreement cannot be assessed under the head income from house property. Once said receipt is not assessable under the head income from house property, and then obviously, it has to be considered under any other head of income, including income from other sources - AT

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Correct head of income - Receipt by way of an option agreement ...

Option Agreement Receipt Not Taxable as House Property Income; Considered Under Other Income Sources Instead.

April 24, 2020

Case Laws Income Tax AT

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