TMI BlogRental Income from Mall Properties Classified as Business Income, Allowing Deduction of Business Losses.Nature of income - income from renting a properties in Mall - Income from house property or busniss income - the income from renting a properties in Mall to be taxed as business income and not income from house property as well as business loss also to be allowed. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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