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2021 (8) TMI 46 - MADRAS HIGH COURTDeduction u/s 80IA - lease rent income received from letting out modules of Software Technology park to various lessees - allowable income from business - HELD THAT:- Issue decided against the appellant/Revenue and in favour of the respondent/assessee in M/S. TIDAL PARK LTD. [2021 (7) TMI 302 - MADRAS HIGH COURT] wherein held that income derived from letting out of the property with all amenities and facilities would be income from business and cannot be assessed either as income from house property or as income from other sources.
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