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Income Tax - Highlights / Catch Notes

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Income From House Property - enhancement of annual let out value ...


Court Rules on Income from House Property: No Extra Tax if Rent Exceeds Municipal Valuation; Notional Interest Excluded.

July 11, 2013

Case Laws     Income Tax     AT

Income From House Property - enhancement of annual let out value - notional interest on deposits - municipal valuation is less than the actual rent received - No addition - AT

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