TMI BlogHouse PropertyX X X X Extracts X X X X X X X X Extracts X X X X ..... Hello I stuck in a controversial issue related to house property income received by partner from partnership firm. Facts are very similar to case law CIT V. Rasiklal Balabhai [1979]= ( 1978 (10) T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... MI 22 - GUJARAT High Court) . In previous year, partner got Rs. 2,25,000/- as a rent from partnership firm for renting premises by partner that was used by firm to carrying on business.. As per supra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... case law income earned by partner as a rent is exempt but in some other court cases decision aforesaid amt is being taxed. please guide what to do?? Thanks in advance. Regards Rahul 09810267888 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Whether you have got clarified in the above said issue? If not please inform. - House Property - Query Started By: - RAHUL MALHOTRA Dated:- 11-6-20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 13 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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