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Income Tax - Highlights / Catch Notes

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Correct head of Income - income towards Mall Operating Revenue - ...

Income Tax

September 13, 2021

Correct head of Income - income towards Mall Operating Revenue - taxable under the head Income from House Property or Income from Business and Profession - principle of rule of consistency - AO directed to treat the impugned income earned by the assessee under “profit and gains from business or profession”. - AT

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