TMI BlogCharacterization of income - Income from giving furniture on hire - 'Income from Other Sources’ -...Characterization of income - Income from giving furniture on hire - 'Income from Other Sources’ - Furniture and fixtures are business assets of the assessee, hence, income generated from giving furniture on hire is business income of the assessee. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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