Court Rules Rental Income Taxation Based on Business Center Earnings Unlawful; Assessing Officer's Approach Rejected.

Rental income - whether should be based on the earning of the APPL-company, which runs a business centre in the said premises and also other rentals from other tenants in it - This kind of half-backed attempt of AO in taxing the income of property is unsustainable in law - AT .....

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