2018 (3) TMI 1041

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..... roperty income - Held that:- SLP dismissed. HC order confirmed [2017 (8) TMI 193 - BOMBAY HIGH COURT]. HC has correctly observed that the business was handed over by the respondent assessee to KHIL .....

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..... the assessee of the said income being a business income was accepted. The assessee is not receiving any rent amount but is receiving 1% of the total revenue earned by KHIL and does not get any fix .....

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