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Income Tax - Highlights / Catch Notes

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Claim of Deduction from Rental Income u/s 23(1)(b) - Income from ...

Income Tax

January 2, 2021

Claim of Deduction from Rental Income u/s 23(1)(b) - Income from House Property - the assessee is entitled for claim of deduction of lease rent paid to the Bombay Port Trust(BPT) against the Leave and License fee/rent received from the tenants in determining the annual value of the property. - AT

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