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Income Tax - Highlights / Catch Notes

Home Highlights December 2021 Year 2021 This

Taxability of rent received - Income from house property - the ...

Income Tax

December 7, 2021

Taxability of rent received - Income from house property - the rule of consistency would certainly have a role to play here and we find that assessee had been having the same stand by treating the entire rentals as income from house property and claiming 30% standard deduction thereon. There is absolutely no case of divergent of facts in the case of the assessee. - AT

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