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Income Tax - Highlights / Catch Notes

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Assessment of income from house property - Co-ownership of ...

Income Tax

January 17, 2023

Assessment of income from house property - Co-ownership of property - the property has been purchased by husband and wife in co-ownership jointly. The assessee is not a housewife. Computation of income for AY 2015-16 appearing at page 2 of Paper Book shows that she is salary earner and earned salary of Rs. 24 lacs - Additions in the hands of wife confirmed - AT

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