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Income Tax - Highlights / Catch Notes

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Correct head of income - addition of maintenance charges ...


Court Rules Maintenance Charges from Let-Out Property as "Income from Other Sources" if Linked to Provided Services.

October 18, 2022

Case Laws     Income Tax     AT

Correct head of income - addition of maintenance charges received on let out property - Once, these maintenance charges are attributable to the services provided, the same derived from providing services is to be considered under the head "income from other sources" as claimed by the assessee. - AT

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